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Prepaid Expenses and Other Assets, net
9 Months Ended
Sep. 30, 2020
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
Prepaid Expenses and Other Assets, net Prepaid Expenses and Other Assets, net    
The following table summarizes the Company’s prepaid expenses and other assets, net as of:
September 30, 2020December 31, 2019
Deposits and pre-development costs for future acquisitions$27,135 $21,585 
Prepaid insurance9,091 3,463 
Goodwill8,754 8,754 
Non-real estate investments4,216 5,545 
Deferred financing costs1,477 3,246 
Prepaid property tax3,145 2,070 
Derivative assets13 479 
Other26,896 23,832 
PREPAID EXPENSES AND OTHER ASSETS, NET$80,727 $68,974 

Goodwill

No goodwill impairment indicators have been identified during the three and nine months ended September 30, 2020.

Non-Real Estate Investments

The Company held an investment in an entity that does not report NAV. The Company marked this investment to fair value based on Level 2 inputs, whenever fair value was readily available or observable. Changes in fair value are included in the unrealized gain (loss) on non-real estate investment line item on the Consolidated Statements of Operations. During the three months ended September 30, 2020, the Company disposed of the investment resulting in the Company receiving a cash payment of $1.16 million. No gain or loss was recognized due to the observable changes in fair value for the three months ended September 30, 2020. The Company recognized an unrealized loss of $1.6 million due to the observable changes in fair value for the nine months ended September 30, 2020. No gain or loss was recognized due to observable changes in fair value for the three and nine months ended September 30, 2019. Over the life of this investment, the Company has recognized a net unrealized loss of $0.6 million due to observable changes in fair value.
The Company also invests in an entity that reports NAV. The investment, which is in a real estate technology venture capital fund, involves a commitment of funding from the Company of up to $20.0 million. The Company uses NAV reported without adjustment unless it is aware of information indicating the NAV reported does not accurately reflect the fair value for the investment. As of September 30, 2020, the Company has contributed $6.0 million to this fund with $14.0 million remaining to be contributed. Changes in fair value are included in the unrealized gain (loss) on non-real estate investment line item on the Consolidated Statements of Operations. The Company recognized an unrealized gain of $0.5 million due to the observable changes in fair value for the three months ended September 30, 2020 and a net unrealized loss of $0.7 million due to the observable changes in fair value for the nine months ended September 30, 2020. No gain or loss was recognized due to observable changes in fair value for the three and nine months ended September 30, 2019.