Allowance for Credit Losses

6 Months Ended

Aug. 31, 2025

Credit Loss [Abstract]

Allowance for Credit Losses

Allowance for Credit Losses

The activity in the allowance for credit losses related to our net investment in leases, other investments, and deferred rent receivables for the six months ended August 31, 2025, was as follows:

	Net Investment in Leases, net		Other Investments, net		Deferred Rent Receivables, net		Total
Balance at February 28, 2025	$	6,802	$	4,099	$	10,271	$	21,172
Provision for credit losses	(274)		—		300		26
Write-offs	—		(4,099)		(10,571)		(14,670)
Balance at August 31, 2025	$	6,528	$	—	$	—	$	6,528

During the six months ended August 31, 2025, the allowance for credit losses related to our other investments and deferred rent receivables was written off, as the associated customer filed for bankruptcy protection.