Prepaid Expenses and Other Assets, Net (Tables)

6 Months Ended

Jun. 30, 2021

Prepaid Expense and Other Assets [Abstract]

Schedule of prepaid expenses and other assets

Prepaid expenses and other assets, net consisted of the following (in thousands): 

	June 30, 2021		December 31, 2020
Lease incentives, net	$	37,665	$	35,642
Furniture, fixtures and equipment, net	9,993		10,433
Construction contract costs in excess of billings, net	9,766		10,343
Net investment in sales-type leases	6,405		6,573
Non-real estate equity investments	5,541		5,509
Restricted cash	4,593		3,664
Prepaid expenses	4,516		19,690
Marketable securities in deferred compensation plan	2,662		3,027
Deferred tax asset, net (1)	1,928		1,989
Deferred financing costs, net (2)	1,876		2,439
Other assets	7,212		5,274
Prepaid expenses and other assets, net	$	92,157	$	104,583

(1)Includes a valuation allowance of $41,000 as of June 30, 2021 and $201,000 as of December 31, 2020.

(2)Represents deferred costs, net of accumulated amortization, attributable to our Revolving Credit Facility and interest rate derivatives.