Receivables

12 Months Ended

Dec. 31, 2022

Receivables

Receivables

5. Receivables

Refer to Note 2 “Summary of Significant Accounting Policies—Revenue Recognition” for discussion of our accounting policies related to accounts receivable, deferred rent and related allowances.

Accounts and Other Receivables, Net

Accounts and other receivables, net is primarily comprised of contractual rents and other lease-related obligations currently due from customers. These amounts are shown in the subsequent table as Accounts receivable – trade. Other receivables shown separately from Accounts receivable – trade, consist primarily of amounts that have not yet been billed to customers, such as for utility reimbursements and installation fees.

	Balance as of		Balance as of
(Amounts in thousands):	December 31, 2022		December 31, 2021
Accounts receivable – trade	$	551,393	$	393,110
Allowance for doubtful accounts		(33,048)		(28,574)
Accounts receivable – trade, net		518,345		364,536
Accounts receivable – customer recoveries		170,012		131,538
Value-added tax receivables		167,459		104,036
Accounts receivable – installation fees		60,663		43,626
Other receivables		52,813		27,985
Accounts and other receivables, net	$	969,292	$	671,721

Deferred Rent 

Deferred rent represents rental income that has been recognized as revenue under ASC 842, but which is not yet due from customers under their existing rental agreements. The Company recognizes an allowance against deferred rent receivables to the extent it becomes no longer probable that a customer or group of customers will be able to make substantially all of their required cash rental payments over the entirety of their respective lease terms.

	Balance as of		Balance as of
(Amounts in thousands):	December 31, 2022		December 31, 2021
Deferred rent receivables	$	612,439	$	556,251
Allowance for deferred rent receivables		(10,849)		(8,866)
Deferred rent receivables, net	$	601,590	$	547,385