Prepaid Expenses and Other Current Assets and Other Assets

9 Months Ended

Sep. 30, 2022

Prepaid Expenses and Other Current Assets and Other Assets [Abstract]

Prepaid Expenses and Other Current Assets and Other Assets

5.PREPAID EXPENSES AND OTHER CURRENT ASSETS AND OTHER ASSETS

The Company’s prepaid expenses and other current assets are comprised of the following:

	As of		As of
	September 30, 2022		December 31, 2021
		(in thousands)
Short-term investments	$	21,139	$	778
Prepaid real estate taxes		4,500		3,331
Prepaid taxes		7,070		11,096
Other current assets		22,096		15,608
Total prepaid expenses and other current assets	$	54,805	$	30,813

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The Company’s other assets are comprised of the following:

	As of		As of
	September 30, 2022		December 31, 2021
		(in thousands)
Straight-line rent receivable	$	378,836	$	348,519
Interest rate swap asset (1)		189,150		60,324
Loans receivable		38,359		37,376
Deferred lease costs, net		7,512		6,345
Deferred tax asset - long term		30,705		51,918
Long-term investments		44,025		47,889
Other		55,615		23,273
Total other assets	$	744,202	$	575,644

(1)Refer to Note 17 for more information on the Company’s interest rate swaps.