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DEFERRED REVENUE
3 Months Ended
Mar. 31, 2022
DEFERRED REVENUE  
DEFERRED REVENUE

NOTE 19. DEFERRED REVENUE

Deferred revenue consisted of the following (in thousands):  

As of

    

March 31,
2022

    

December 31,
2021

Prepaid Rent

$

3,212

$

3,921

Interest Reserve from Commercial Loan and Master Lease Investment

639

Tenant Contributions

561

574

Other Deferred Revenue

180

10

Total Deferred Revenue

$

4,592

$

4,505

Interest Reserve from Commercial Loan and Master Lease Investment. In connection with one of the Company’s commercial loan investments, the borrower has deposited interest reserves in an account held by the Company. The corresponding liability is recorded in deferred revenue in the Company’s consolidated balance sheets. The interest reserves are utilized to fund the monthly interest due on the loan.