v3.25.2
Allowance for Credit Losses
3 Months Ended
May 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 three months ended May 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(158)— 300 142 
Write-offs— (4,099)(10,571)(14,670)
Balance at May 31, 2025
$6,644 $— $— $6,644 

During the three months ended May 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 Chapter 11 bankruptcy protection.