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 |
|
|