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Other Assets Other Assets (Notes)
9 Months Ended
Sep. 30, 2019
Other Assets [Abstract]  
Other Assets

4.

Other Assets

The following table represents the components of Other assets in the accompanying Consolidated Balance Sheets:

 

(in thousands)

 

September 30, 2019

 

 

December 31, 2018

 

Goodwill, net

 

$

311,897

 

 

 

314,143

 

Investments

 

 

48,142

 

 

 

41,287

 

Prepaid and other

 

 

24,605

 

 

 

17,937

 

Derivative assets

 

 

2,642

 

 

 

17,482

 

Furniture, fixtures, and equipment, net

 

 

6,431

 

 

 

6,127

 

Deferred financing costs, net

 

 

5,228

 

 

 

6,851

 

Total other assets

 

$

398,945

 

 

 

403,827

 

 

The following table presents the goodwill balances and activity during the year to date periods ended:

 

 

 

September 30, 2019

 

 

December 31, 2018

 

(in thousands)

 

Goodwill

 

 

Accumulated

Impairment

Losses

 

 

Total

 

 

Goodwill

 

 

Accumulated

Impairment

Losses

 

 

Total

 

Beginning of year balance

 

$

316,858

 

 

 

(2,715

)

 

 

314,143

 

 

$

331,884

 

 

 

 

 

 

331,884

 

Goodwill additions

 

 

 

 

 

 

 

 

 

 

 

500

 

 

 

 

 

 

500

 

Goodwill allocated to Provision for impairment

 

 

 

 

 

(963

)

 

 

(963

)

 

 

 

 

 

(12,628

)

 

 

(12,628

)

Goodwill allocated to Properties held for sale

 

 

(1,283

)

 

 

 

 

 

(1,283

)

 

 

(1,159

)

 

 

 

 

 

(1,159

)

Goodwill associated with disposed reporting units:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Goodwill allocated to Provision for impairment

 

 

(1,779

)

 

 

1,779

 

 

 

 

 

 

(9,913

)

 

 

9,913

 

 

 

 

Goodwill allocated to Gain on sale of real estate

 

 

(936

)

 

 

936

 

 

 

 

 

 

(4,454

)

 

 

 

 

 

(4,454

)

End of period balance

 

$

312,860

 

 

 

(963

)

 

 

311,897

 

 

$

316,858

 

 

 

(2,715

)

 

 

314,143

 

 

As the Company identifies properties ("reporting units") that no longer meet its investment criteria, it will evaluate the property for potential sale. A decision to sell a reporting unit results in the need to evaluate its goodwill for recoverability and may result in impairment. If events occur that trigger an impairment evaluation at multiple reporting units, a goodwill impairment may be significant.