SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS

12 Months Ended

Dec. 31, 2021

Valuation and Qualifying Accounts [Abstract]

VALUATION AND QUALIFYING ACCOUNTS

SCHEDULE II – VALUATION AND QUALIFYING ACCOUNTS

(in thousands)

	Balance at		Charged to				Balance at
	Beginning of		Provision		Deductions or		End of
Description	Period		Accounts		Other (1)		Period
Year Ended December 31, 2019:
Allowance for doubtful accounts:
Contractual receivables (2)	$	1,075	$	—	$	1,075	$	—
Mortgage notes receivable (3)		4,905		—		—		4,905
Direct financing leases (3)		103,200		7,917		110,900		217
Total	$	109,180	$	7,917	$	111,975	$	5,122

(1) Uncollectible accounts written off, net of recoveries or adjustments.

(2) The Company adopted Topic 842 on January 1, 2019.  As a result of this adoption, lease related receivables are written off through rental income, as opposed to the provision account. As such, our lease receivables are no longer considered in the valuation and qualifying accounts.

(3) The Company adopted Topic 326 on January 1, 2020 which addressed expected credit losses on our mortgage notes receivables, other investments, and direct financing leases. As a result of this adoption, we have disclosed a rollforward of our allowance for credit loss related to these financial instruments for 2020 and 2021 in Note 9 – Allowance for Credit Losses.