Supplemental Financial Statement Information

3 Months Ended

Mar. 31, 2022

Supplemental Financial Statement Information

Supplemental Financial Statement Information

9.    Supplemental Financial Statement Information

Other Assets

INDUS' other assets are comprised of the following:

	March 31, 2022		December 31, 2021
Deposits on building and land acquisitions	$	12,175	$	9,800
Deferred leasing costs, net		6,439		6,310
Straight-line rents		6,310		5,909
Intangible assets, net		5,228		5,495
Prepaid expenses		2,380		3,236
Accounts receivable (primarily leases)		1,330		399
Interest rate swap asset		1,220		188
Deferred financing costs related to revolving lines of credit		828		917
Right-of-use assets		563		593
Registration statement costs		341		341
Furniture, fixtures and equipment, net		316		369
Prepaid development costs		136		143
Other		384		402
Total other assets	$	37,650	$	34,102

Accounts Payable and Accrued Liabilities

INDUS' accounts payable and accrued liabilities are comprised of the following:

	March 31, 2022		December 31, 2021
Accrued construction costs and retainage	$	9,201	$	5,800
Trade payables		1,085		481
Accrued lease commissions		837		468
Accrued interest payable		595		556
Accrued real estate taxes		460		46
Accrued salaries, wages and other compensation		438		1,796
Other		567		524
Total accounts payable and accrued liabilities	$	13,183	$	9,671

Other Liabilities

INDUS' other liabilities are comprised of the following:

	March 31, 2022		December 31, 2021
Deferred compensation plan	$	4,809	$	5,097
Intangible liability, net		2,898		3,000
Prepaid rent from tenants		1,481		1,483
Security deposits of tenants		915		900
Lease liabilities		595		626
Interest rate swap liabilities		365		3,995
Other		153		153
Total other liabilities	$	11,216	$	15,254

Supplemental Cash Flow Information

Accounts payable and accrued liabilities related to additions to real estate assets increased by $3,401 and $1,723 in the first quarters of 2022 and 2021, respectively.

Interest payments were as follows:

For the Three Months Ended
March 31, 2022		March 31, 2021
$	1,608	$	1,691

Capitalized interest related to real estate assets was as follows:

For the Three Months Ended
March 31, 2022		March 31, 2021
$	356	$	122

Cash flows from discontinued operation were as follows:

	For the Three Months Ended
	March 31, 2022		March 31, 2021
Net cash provided by operating activities of discontinued operations	$	56	$	62
Net cash provided by investing activities of discontinued operations		26		—
Net cash provided by financing activities of discontinued operations		—		—