Lease Incentives (Tables)

6 Months Ended

Jun. 30, 2021

Lease Incentives

Summary of lease incentives by component

Our lease incentive balances at June 30, 2021 and December 31, 2020 are as follows (in thousands):

		June 30, 2021		December 31, 2020
Non-contingent lease incentives	$	2,414	$	2,462

Summary of lease incentive activity

The following table summarizes our lease incentives activity for the six months ended June 30, 2021 and 2020 (in thousands):

	Six Months Ended June 30,
	2021				2020
		Funding		Amortization		Funding		Amortization		Reclassification
Non-contingent lease incentives	$	180	$	(228)	$	13	$	(209)	$	115	(1)

(1) We reclassified a $300 interim working capital loan as lease incentive. See Note 4. Notes Receivable for further discussion. Additionally, we wrote-off $185 of lease incentive related to a master lease for which we determined it was not probable we will collect substantially all of the contractual lease obligations through maturity. See Note 2. Real Estate Investments for further discussion.