Quarterly report pursuant to Section 13 or 15(d)

OTHER ASSETS

v3.21.2
OTHER ASSETS
 9 Months Ended
Sep. 30, 2021
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
OTHER ASSETS OTHER ASSETS
Other assets consist of the following (dollars in thousands):
September 30, 2021 December 31, 2020
Customer in-place leases, net of accumulated amortization of $10,764 and $5,322, respectively
$ 17,778  $ 6,460 
Receivables:
Trade, net 4,319  2,734 
PROs and other affiliates 2,940  2,974 
Receivables from unconsolidated real estate ventures 4,381  5,825 
Property acquisition and other deposits 19,677  1,087 
Prepaid expenses and other 8,538  7,099 
Corporate furniture, equipment and other, net 1,496  1,673 
Trade names 6,380  6,380 
Management contracts, net of accumulated amortization of $3,982 and $3,222, respectively
 11,238  11,998 
Tenant reinsurance intangible, net of accumulated amortization of $1,342 and $903, respectively
 13,298  13,737 
Goodwill 8,182  8,182 
Total $ 98,227  $ 68,149 
Amortization expense related to customer in-place leases amounted to $5.1 million and $1.7 million for the three months ended September 30, 2021 and 2020, respectively, and $11.5 million and $7.0 million during the nine months ended September 30, 2021 and 2020, respectively. Amortization expense related to management contracts amounted to $0.3 million and $0.2 million for the three months ended September 30, 2021 and 2020, respectively, and $0.8 million and $0.7 million during the nine months ended September 30, 2021 and 2020, respectively. Amortization expense related to the tenant reinsurance intangible amounted to $0.1 million and $0.1 million for the three months ended September 30, 2021 and 2020, respectively, and $0.4 million and $0.3 million during the nine months ended September 30, 2021 and 2020, respectively.