v3.21.1

Assets and liabilities held for sale | 3 Months Ended
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Mar. 31, 2021
Assets and liabilities held for sale |
Assets and liabilities held for sale | 4. Assets and liabilities held for sale The Company is exploring a potential divestiture of its Multifamily business to concentrate on its core business, independent of the Merger. As of March 31, 2021, the Company’s Multifamily segment met the criteria to be classified as held for sale. As the Multifamily segment met the criteria to be classified as held for sale, we are required to record their assets and liabilities at the lower of carrying value or fair value less any costs to sell and present the related assets and liabilities as separate line items in our condensed consolidated balance sheet. The following table presents information related to the major classes of assets and liabilities that were classified as held for sale in our condensed consolidated balance sheet: ​
​ | ​ | ​ | ​
​ | ​ | March 31,
​ | ​ | 2021
Accounts receivable, net | ​ | $ | 3,830
Prepaid expenses and other current assets | ​ | ​ | 1,930
Property and equipment, net | ​ |  | 2,728
Operating lease right-of-use assets, net | ​ |  | 13
Other assets | ​ |  | 245
Total assets held for sale | ​ | $ | 8,746
​ | ​ | ​ | ​
Accounts payable | ​ | $ | (1,085)
Accrued expenses and other liabilities | ​ |  | (1,274)
Deferred revenue | ​ | ​ | (1,990)
Other liabilities | ​ |  | (87)
Total liabilities held for sale | ​ | $ | (4,436)
​ We determined that the operations included in the table above did not meet the criteria to be classified as discontinued operations under the applicable guidance. No gain or loss was recorded from the classification as held for sale during the three months ended March 31, 2021. We expect to complete the sale within the next one-year period.

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- Definition The entire disclosure related to a disposal group. Includes, but is not limited to, a discontinued operation, disposal classified as held-for-sale or disposed of by means other than sale or disposal of an individually significant component. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -URI http://asc.fasb.org/topic&trid=2155823 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -URI http://asc.fasb.org/subtopic&trid=2122178 + Details
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