Other Assets (Tables)

9 Months Ended

Sep. 30, 2021

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

As of September 30, 2021 and December 31, 2020, the balances in other assets, net are as follows:


	September 30, 2021		December 31, 2020
Investments in debt securities, net	$	197,255	$	245,237
Prepaid expenses	37,880		41,347
Rent and other receivables, net	37,118		35,256
Amounts deposited and held by others	35,918		2,852
Investments in equity securities	28,072		47,189
Held for sale assets(1)	27,298		44,163
ROU lease assets — operating and finance, net	18,312		21,705
Corporate fixed assets, net	13,137		9,995
Deferred financing costs, net	9,477		11,637
Deferred leasing costs, net	6,773		7,631
Derivative instruments (Note 8)	—		1
Other	13,426		11,274
Total	$	424,666	$	478,287

(1)As of September 30, 2021 and December 31, 2020, 107 and 179 properties, respectively, are classified as held for sale.

Investments in equity securities

As of September 30, 2021 and December 31, 2020, the values of our investments in equity securities are as follows:


	September 30, 2021		December 31, 2020
Investments with a readily determinable fair value	$	23,332	$	46,339
Investments without a readily determinable fair value	4,740		850
Total	$	28,072	$	47,189

Schedule of Gain (Loss) Equity Securities

The components of gains (losses) on investments in equity securities, net for the three and nine months ended September 30, 2021 and 2020 are as follows:


	For the Three Months Ended September 30,				For the Nine Months Ended September 30,
	2021		2020		2021		2020
Realized gains on investments with a readily determinable fair value	$	14,173	$	—	$	16,061	$	—
Unrealized losses on investments with a readily determinable fair value	(9,854)		—		(21,884)		—
Unrealized gains on investments without a readily determinable fair value	—		—		—		34
Total	$	4,319	$	—	$	(5,823)	$	34

Future minimum lease payments

Future minimum rental revenues and other property income under leases existing on our single-family residential properties as of September 30, 2021 are as follows:


Year	Lease Payments to be Received
Remainder of 2021	$	436,559
2022	783,358
2023	89,981
2024	—
2025	—
Thereafter	—
Total	$	1,309,898

Schedule of supplemental information related to leases

The following table presents supplemental information related to leases into which we have entered as a lessee as of September 30, 2021 and December 31, 2020:


	September 30, 2021						December 31, 2020
	Operating Leases			Finance Leases			Operating Leases			Finance Leases
Other assets	$	11,593		$	6,719		$	12,942		$	8,763
Other liabilities (Note 14)	14,262			6,461			15,988			8,389
Weighted average remaining lease term	3.8 years			2.4 years			4.0 years			3.1 years
Weighted average discount rate	3.3		%	4.0		%	3.5		%	4.0		%