| Schedule of other assets |
Other assets consist of the following (dollars in thousands):
|
|
|
|
|
|
|
|
|
|
|
|
|
December 31, |
|
2021 |
|
2020 |
Customer in-place leases, net of accumulated amortization of $14,336 and $5,322, respectively |
$ |
29,427 |
|
|
$ |
6,460 |
|
| Receivables: |
|
|
|
| Trade, net |
6,228 |
|
|
2,734 |
|
| PROs and other affiliates |
2,878 |
|
|
2,974 |
|
| Receivable from unconsolidated real estate ventures |
4,028 |
|
|
5,825 |
|
| Property acquisition deposits |
800 |
|
|
1,087 |
|
|
|
|
|
|
|
|
|
| Prepaid expenses and other |
9,552 |
|
|
7,099 |
|
| Corporate furniture, equipment and other, net |
1,422 |
|
|
1,673 |
|
| Trade name |
6,380 |
|
|
6,380 |
|
Management contracts, net of accumulated amortization of $4,237 and $3,222, respectively |
10,983 |
|
|
11,998 |
|
Tenant reinsurance intangible assets, net of accumulated amortization of $1,504 and $903, respectively |
22,537 |
|
|
13,737 |
|
| Goodwill |
8,182 |
|
|
8,182 |
|
| Total |
$ |
102,417 |
|
|
$ |
68,149 |
|
|
| Schedule of future amortization expense |
As of December 31, 2021, the estimated aggregate amortization expense for the Company's customer in-place leases, management contracts and tenant reinsurance intangible assets for the succeeding five years are as follows (in thousands):
|
|
|
|
|
|
| Year Ending December 31, |
Total Aggregate Estimated Amortization Expense |
| 2022 |
$ |
31,398 |
|
| 2023 |
1,980 |
|
| 2024 |
1,979 |
|
| 2025 |
1,976 |
|
| 2026 |
1,976 |
|
| Thereafter |
23,638 |
|
| Total |
$ |
62,947 |
|
|