Receivables

3 Months Ended

Mar. 31, 2024

Receivables

Receivables

4. Receivables

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 (net of an allowance for estimated uncollectible amounts) are shown in the subsequent table as Accounts receivable – trade, net. Other receivables shown separately from Accounts receivable – trade, net 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):	March 31, 2024		December 31, 2023
Accounts receivable – trade	$	658,527	$	694,252
Allowance for doubtful accounts		(43,873)		(41,204)
Accounts receivable – trade, net		614,654		653,048
Accounts receivable – customer recoveries		208,997		233,499
Value-added tax receivables		200,225		257,911
Accounts receivable – installation fees		80,329		65,203
Other receivables		113,071		68,449
Accounts and other receivables, net	$	1,217,276	$	1,278,110

Deferred rent, net

Deferred rent, net 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):	March 31, 2024		December 31, 2023
Deferred rent receivables	$	622,871	$	657,009
Allowance for deferred rent receivables		(11,201)		(32,582)
Deferred rent, net	$	611,670	$	624,427