Deferred Costs and Other Assets, Net

9 Months Ended

Sep. 30, 2014

Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]

Deferred Costs and Other Assets, Net

Note 10 — Deferred Costs and Other Assets, Net

Deferred costs and other assets, net consisted of the following as of September 30, 2014 and December 31, 2013 (in thousands):

	September 30, 2014		December 31, 2013 (As Restated)
Deferred costs, net	$	150,026	$	84,746
Accounts receivable, net (1)		70,224		16,254
Straight-line rent receivable		68,694		19,010
Prepaid expenses		18,764		43,801
Leasehold improvements, property and equipment, net (2)		30,153		531
Restricted escrow deposits		43,740		101,813
Derivative assets, at fair value		8,775		9,189
Other assets		56,230		5,317
	$	446,606	$	280,661

(1) Allowance for doubtful accounts was $1.9 million and $0.2 million as of September 30, 2014 and December 31, 2013, respectively.

(2) Amortization expense for leasehold improvements totaled $0.3 million and $0.9 million for the three and nine months ended September 30, 2014, respectively. Accumulated amortization was $0.9 million and $7,000 as of September 30, 2014 and December 31, 2013, respectively. Depreciation expense for property and equipment totaled $0.5 million and $1.1 million for the three and nine months ended September 30, 2014, respectively. Accumulated depreciation was $1.1 million and $5,000 as of September 30, 2014 and December 31, 2013, respectively.