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Basis of Presentation and Summary of Significant Accounting Policies (Tables)
3 Months Ended
Mar. 31, 2022
Summary of Reconciliation of Redeemable Noncontrolling Interests in Real Estate Partnerships

The following table presents a reconciliation of our redeemable noncontrolling interests in consolidated real estate partnerships from December 31, 2021 to March 31, 2022 (in thousands):

Balance at December 31, 2021

 

$

33,794

 

Capital contributions

 

 

6,879

 

Redemptions

 

 

(4,911

)

Net income

 

 

1,470

 

Balance at March 31, 2022

 

$

37,232

 

Summary of Other Assets

Other assets were comprised of the following amounts (in thousands):

 

March 31, 2022

 

 

December 31, 2021

 

Other investments

$

55,104

 

 

$

45,386

 

Notes receivable

 

38,358

 

 

 

38,029

 

Prepaid expenses and real estate taxes

 

18,154

 

 

 

20,516

 

Unconsolidated real estate partnerships

 

15,145

 

 

 

13,025

 

Deferred costs, deposits, and other

 

16,194

 

 

 

22,136

 

Assets held for sale

 

10,131

 

 

 

 

Deferred tax assets

 

9,660

 

 

 

6,388

 

Corporate fixed assets

 

9,411

 

 

 

9,855

 

Due from affiliates

 

3,654

 

 

 

4,840

 

Accounts receivable, net of allowances of $1,269 and $1,285 as of March 31, 2022 and December 31, 2021, respectively

 

3,136

 

 

 

2,469

 

Intangible assets, net

 

2,114

 

 

 

3,269

 

Total other assets, net

$

181,061

 

 

$

165,913