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Other balance sheet items
 3 Months Ended
Mar. 31, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Other balance sheet items Other balance sheet items
Trade and other receivables, net
The following summarizes the balances of trade and other receivables, net as of March 31, 2024 and December 31, 2023 ($ in thousands):
As of March 31,As of December 31,
20242023
Gross trade and other receivables (1)
$82,656 $75,051 
Allowance for doubtful accounts(434)(289)
Total trade and other receivables, net$82,222 $74,762 
________
(1) The opening balance as of January 1, 2023 was $63.4 million.

We have not experienced any significant write-offs to our accounts receivable during the three months ended March 31, 2024 and 2023.
Prepayments and other assets
The following summarizes the balances of prepayments and other assets as of March 31, 2024 and December 31, 2023 ($ in thousands):
As of March 31,As of December 31,
20242023
Advances to suppliers$13,391 $18,213 
Prepaid income taxes12,540 11,510 
Prepaid other taxes (1)
4,606 5,641 
Operating lease right-of-use assets6,243 6,426 
Key money6,896 6,475 
Other assets6,035 6,029 
Total prepayments and other assets$49,711 $54,294 
________
(1) Includes recoverable value-added tax, general consumption tax, and other sales tax accumulated by our Mexico, Jamaica, Dutch and Dominican Republic entities.
Goodwill
We recognized no goodwill impairment losses on our reporting units nor any additions to goodwill during the three months ended March 31, 2024. The gross carrying values and accumulated impairment losses of goodwill by reportable segment (refer to discussion of our reportable segments in Note 15) as of March 31, 2024 and December 31, 2023 are as follows ($ in thousands):
Yucatán PeninsulaPacific CoastDominican RepublicJamaicaTotal
Gross carrying value$51,731 $— $— $33,879 $85,610 
Accumulated impairment losses(6,168)— — (18,800)(24,968)
Net carrying value$45,563 $— $— $15,079 $60,642 
Other intangible assets
Other intangible assets as of March 31, 2024 and December 31, 2023 consisted of the following ($ in thousands):
As of March 31,As of December 31,
20242023
Gross carrying value
Casino and other licenses (1)
$628 $607 
Management contract1,900 1,900 
Enterprise resource planning system6,352 6,352 
Other4,732 4,674 
Total gross carrying value13,612 13,533 
Accumulated amortization
Management contract(546)(523)
Enterprise resource planning system(5,250)(4,349)
Other(4,375)(4,304)
Total accumulated amortization(10,171)(9,176)
Net carrying value
Casino and other licenses (1)
628 607 
Management contract1,354 1,377 
Enterprise resource planning system 1,102 2,003 
Other357 370 
Total net carrying value$3,441 $4,357 
________
(1) Our casino and other licenses have indefinite lives. Accordingly, there is no associated amortization expense or accumulated amortization.
Amortization expense for intangible assets was $1.0 million and $0.4 million for the three months ended March 31, 2024 and 2023, respectively.
Trade and other payables
The following summarizes the balances of trade and other payables as of March 31, 2024 and December 31, 2023 ($ in thousands):
As of March 31,As of December 31,
20242023
Trade payables$26,374 $25,929 
Advance deposits (1)
69,054 80,506 
Withholding and other taxes payable15,747 15,164 
Interest payable2,853 2,603 
Payroll and related accruals25,183 31,466 
Accrued expenses and other payables (2)
37,505 40,764 
Total trade and other payables$176,716 $196,432 
________
(1) The opening balance as of January 1, 2023 was $83.3 million.
(2) As of March 31, 2024 and December 31, 2023, accrued expenses and other payables includes $10.1 million and $16.8 million, respectively, of unpaid clean up and repair expenses related to Hurricane Fiona. As of March 31, 2024, accrued expenses and other payables also includes $2.0 million related to share repurchases not yet settled.
Other liabilities
The following summarizes the balances of other liabilities as of March 31, 2024 and December 31, 2023 ($ in thousands):
As of March 31,As of December 31,
20242023
Pension obligation (1)
$10,396 $9,980 
Operating lease liabilities6,811 6,973 
Unfavorable ground lease liability1,721 1,748 
Key money14,073 14,331 
Other929 938 
Total other liabilities$33,930 $33,970 
________
(1) For the three months ended March 31, 2024 and 2023, the service cost component of net periodic pension cost was $0.4 million and $0.3 million, respectively, and the non-service cost components were $0.3 million and $0.9 million, respectively.