Supplemental Financial Statement Information

6 Months Ended

Jun. 30, 2022

Supplemental Financial Statement Information

Supplemental Financial Statement Information

9.    Supplemental Financial Statement Information

Other Assets

INDUS' other assets are comprised of the following:

	June 30, 2022		December 31, 2021
Deposits on building and land acquisitions	$	11,288	$	9,800
Deferred leasing costs, net		6,943		6,310
Straight-line rents		6,815		5,909
Intangible assets, net		6,439		5,495
Accounts receivable (primarily leases)		1,298		399
Interest rate swap assets		1,197		188
Prepaid expenses		973		3,236
Deferred financing costs related to revolving lines of credit		755		917
Right-of-use assets		544		593
Furniture, fixtures and equipment, net		431		369
Registration statement costs		341		341
Prepaid development costs		271		143
Other		409		402
Total other assets	$	37,704	$	34,102

Accounts Payable and Accrued Liabilities

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

	June 30, 2022		December 31, 2021
Accrued construction costs and retainage	$	6,888	$	5,800
Accrued lease commissions		937		468
Accrued real estate taxes		916		46
Accrued salaries, wages and other compensation		815		1,796
Accrued interest payable		543		556
Trade payables		470		481
Other		720		524
Total accounts payable and accrued liabilities	$	11,289	$	9,671

Other Liabilities

INDUS' other liabilities are comprised of the following:

	June 30, 2022		December 31, 2021
Deferred compensation plan	$	4,322	$	5,097
Intangible liability, net		3,413		3,000
Prepaid rent from tenants		1,784		1,483
Security deposits of tenants		1,084		900
Interest rate swap liabilities		1,057		3,995
Lease liabilities		573		626
Other		153		153
Total other liabilities	$	12,386	$	15,254

Supplemental Cash Flow Information

Accounts payable and accrued liabilities related to additions to real estate assets increased by $1,088 and $8,767 in the six months ended June 30, 2022 and 2021, respectively.

Interest payments were as follows:

For the Three Months Ended				For the Six Months Ended
June 30, 2022		June 30, 2021		June 30, 2022		June 30, 2021
$	409	$	1,699	$	2,017	$	3,390

Capitalized interest related to real estate assets was as follows:

For the Three Months Ended				For the Six Months Ended
June 30, 2022		June 30, 2021		June 30, 2022		June 30, 2021
$	468	$	223	$	824	$	345

Cash flows from discontinued operations were as follows:

	For the Six Months Ended
	June 30, 2022		June 30, 2021
Net cash provided by operating activities of discontinued operations	$	183	$	304
Net cash used in investing activities of discontinued operations		(914)		(26)
Net cash provided by financing activities of discontinued operations		—		—