Income Taxes (Tables)

12 Months Ended

Dec. 31, 2019

Income Taxes

Schedule of Deferred Tax Assets and Liabilities

Deferred income tax assets and liabilities as of December 31, 2019 and 2018 were as follows (in thousands):

	2019		2018
Gross deferred income tax assets:
Net operating loss carryforwards	$	63,280	$	71,656
Basis difference - real estate property		9,955		8,490
Basis difference - intangibles		1,071		256
Other - temporary differences		19,028		24,341
Total gross deferred income tax assets		93,334		104,743
Valuation allowance		(40,795)		(51,439)
Total deferred income tax assets, net of valuation allowance		52,539		53,304
Gross deferred income tax liabilities:
Basis difference - real estate property		162,095		164,077
Basis difference - equity investments		4,000		—
Basis difference - intangibles		1,547		6,855
Straight-line rent		8,044		5,340
Other - temporary differences		20,218		23,584
Total gross deferred income tax liabilities		195,904		199,856
Net deferred income tax liabilities	$	143,365	$	146,552