Supplemental Financial Statement Information

9 Months Ended

Sep. 30, 2022

Supplemental Financial Statement Information

Supplemental Financial Statement Information

9.    Supplemental Financial Statement Information

Other Assets

INDUS' other assets are comprised of the following:

	September 30, 2022		December 31, 2021
Deposits on building and land acquisitions	$	15,088	$	9,800
Straight-line rents		7,244		5,909
Deferred leasing costs, net		7,181		6,310
Intangible assets, net		6,124		5,495
Prepaid expenses		5,190		3,236
Accounts receivable (primarily leases)		1,497		399
Deferred financing costs related to revolving lines of credit		696		917
Furniture, fixtures and equipment, net		636		369
Right-of-use assets		514		593
Registration statement costs		341		341
Prepaid development costs		89		143
Other		454		402
Total other assets	$	45,054	$	33,914

Accounts Payable and Accrued Liabilities

INDUS' accounts payable and accrued liabilities are comprised of the following:

	September 30, 2022		December 31, 2021
Accrued construction costs and retainage	$	5,300	$	5,800
Accrued salaries, wages and other compensation		1,497		1,796
Trade payables		1,331		481
Accrued lease commissions		1,069		468
Accrued real estate taxes		841		46
Accrued interest payable		595		556
Other		975		524
Total accounts payable and accrued liabilities	$	11,608	$	9,671

Other Liabilities

INDUS' other liabilities are comprised of the following:

	September 30, 2022		December 31, 2021
Intangible liability, net	$	3,321	$	3,000
Deferred compensation plan		3,091		5,097
Prepaid rent from tenants		1,762		1,483
Security deposits of tenants		1,229		900
Lease liabilities		543		626
Other		153		153
Total other liabilities	$	10,099	$	11,259

Supplemental Cash Flow Information

Accounts payable and accrued liabilities related to additions to real estate assets decreased by $431 in the nine months ended September 30, 2022 and increased $6,910 in the nine months ended September 30, 2021.

Interest payments were as follows:

For the Three Months Ended				For the Nine Months Ended
September 30, 2022		September 30, 2021		September 30, 2022		September 30, 2021
$	1,657	$	1,727	$	3,674	$	5,117

Capitalized interest related to real estate assets was as follows:

For the Three Months Ended				For the Nine Months Ended
September 30, 2022		September 30, 2021		September 30, 2022		September 30, 2021
$	430	$	470	$	1,254	$	815

Cash flows from discontinued operations were as follows:

	For the Nine Months Ended
	September 30, 2022		September 30, 2021
Net cash provided by operating activities of discontinued operations	$	511	$	455
Net cash used in investing activities of discontinued operations	$	(1,686)	$	(64)
Net cash provided by financing activities of discontinued operations	$	—	$	—