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Business Combinations (Tables)

9 Months Ended

Sep. 30, 2021

Business Combination and Asset Acquisition [Abstract]

Schedule of business acquisitions, by acquisition

The following table summarizes the Acquisition Date fair value of the consideration transferred in connection with the acquisitions:

			Zio						Star Waggons
Cash			$	117,198					$	92,656
Contingent consideration			22,800						—
Total consideration			$	139,998					$	92,656

Schedule of recognized identified assets acquired and liabilities assumed

The following table summarizes the estimated fair values of the assets acquired and liabilities assumed at the respective Acquisition Dates. The Company is in the process of obtaining third-party valuations of certain intangible assets; thus, the provisional measurements of intangible assets and goodwill are subject to change:

			Zio						Star Waggons
Cash and cash equivalents			$	1,084					$	300
Accounts receivable			3,056						4,185
Prepaid expenses and other assets			1,509						1,605
Non-real estate property, plant and equipment			23,399						28,679
Intangible assets			41,670						33,480
Total assets acquired			70,718						68,249
Accounts payable, accrued liabilities and other			$	1,203					$	1,394
Intangible liabilities			—						110
Total liabilities assumed			1,203						1,504
Net identifiable assets acquired			$	69,515					$	66,745
Goodwill			70,483						25,911
NET ASSETS ACQUIRED			$	139,998					$	92,656

Business acquisition, pro Forma information

The amounts of revenue and net income of Zio and Star Waggons included in the Company’s Consolidated Statements of Operations from each respective Acquisition Date to September 30, 2021 are as follows:

			Three Months Ended September 30, 2021												Nine Months Ended September 30, 2021
			Zio						Star Waggons						Zio						Star Waggons
Revenue			$	4,187					$	2,828					$	4,187					$	2,828
Net income			1,286						1,013						1,286						1,013

X

- Definition

Tabular disclosure of pro forma results of operations for a material business acquisition or series of individually immaterial business acquisitions that are material in the aggregate.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (h)(2)
-URI http://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (h)(3)
-URI http://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463

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X

- Definition

Tabular disclosure of a material business combination completed during the period, including background, timing, and recognized assets and liabilities. This table does not include leveraged buyouts.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=79982066&loc=d3e1486-128463

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- Definition

Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=123413009&loc=d3e4845-128472

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