| Schedule of other assets |
Other assets consist of the following (dollars in thousands):
|
|
|
|
|
|
|
|
|
|
|
|
|
December 31, |
|
2020 |
|
2019 |
Customer in-place leases, net of accumulated amortization of $5,322 and $7,267, respectively |
$ |
6,460 |
|
|
$ |
3,704 |
|
| Receivables: |
|
|
|
| Trade, net |
2,734 |
|
|
2,809 |
|
| PROs and other affiliates |
2,974 |
|
|
2,773 |
|
| Receivable from unconsolidated real estate ventures |
5,825 |
|
|
4,765 |
|
| Property acquisition deposits |
1,087 |
|
|
4,438 |
|
| Interest rate swaps |
— |
|
|
980 |
|
| Equity securities |
— |
|
|
7,703 |
|
| Prepaid expenses and other |
7,099 |
|
|
4,762 |
|
| Corporate furniture, equipment and other, net |
1,673 |
|
|
1,925 |
|
| Trade name |
6,380 |
|
|
3,200 |
|
Management contracts, net of accumulated amortization of $3,222 and $2,272, respectively |
11,998 |
|
|
8,349 |
|
Tenant reinsurance intangible, net of accumulated amortization of $903 and $317, respectively |
13,737 |
|
|
14,283 |
|
| Goodwill |
8,182 |
|
|
5,750 |
|
| Total |
$ |
68,149 |
|
|
$ |
65,441 |
|
|
| Schedule of future amortization expense |
As of December 31, 2020, the estimated aggregate amortization expense for the Company's customer in-place leases, management contracts and tenant reinsurance intangible asset for the succeeding five years are as follows (in thousands):
|
|
|
|
|
|
| Year Ending December 31, |
Total Aggregate Estimated Amortization Expense |
| 2021 |
$ |
8,049 |
|
| 2022 |
1,604 |
|
| 2023 |
1,604 |
|
| 2024 |
1,603 |
|
| 2025 |
1,600 |
|
| Thereafter |
17,735 |
|
| Total |
$ |
32,195 |
|
|