Other Assets (Tables)

9 Months Ended

Sep. 30, 2020

The following table represents the components of Other assets in the accompanying Consolidated Balance Sheets as of the dates set forth below:

(in thousands)	September 30, 2020		December 31, 2019
Goodwill, net	$	174,794		307,434
Investments		51,995		50,354
Prepaid and other		24,019		18,169
Derivative assets		—		2,987
Furniture, fixtures, and equipment, net		6,385		7,098
Deferred financing costs, net		3,065		4,687
Total other assets	$	260,258		390,729

Schedule of Goodwill

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

	September 30, 2020									December 31, 2019
(in thousands)	Goodwill			Accumulated Impairment Losses			Total			Goodwill			Accumulated Impairment Losses			Total
Beginning of year balance	$	310,388			(2,954	)		307,434			316,858			(2,715	)		314,143
Goodwill allocated to Provision for impairment		—			(132,179	)		(132,179	)		—			(2,954	)		(2,954	)
Goodwill allocated to Properties held for sale		(963	)		963			—			(2,472	)		—			(2,472	)
Goodwill associated with disposed reporting units:
Goodwill allocated to Provision for impairment		—			—			—			(1,779	)		1,779			—
Goodwill allocated to Gain on sale of real estate		(461	)		—			(461	)		(2,219	)		936			(1,283	)
End of period balance	$	308,964			(134,170	)		174,794			310,388			(2,954	)		307,434

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. Additionally, other changes impacting a reporting unit may be considered a triggering event. If events occur that trigger an impairment evaluation at multiple reporting units, a goodwill impairment may be significant.