Quarterly report pursuant to Section 13 or 15(d)

Receivables and Current Assets (Tables)

v3.21.2
Receivables and Current Assets (Tables)
 9 Months Ended
Sep. 30, 2021
Receivables And Current Assets [Abstract]  
Summary of Company's Allowance for Expected Credit Losses

The following table provides a rollforward of the Company’s allowance for expected credit losses:

 

Three months ended
September 30,

 

Nine months ended
September 30,

 

 

2021

 

2020

 

2021

 

2020

 

Beginning of period

$

2,934

 

$

1,571

 

$

2,916

 

$

1,555

 

Write-offs

 

(532

)

 

—

 

 

(2,085

)

 

(472

)

Increase in provision

 

107

 

 

711

 

 

1,678

 

 

1,199

 

End of period

$

2,509

 

$

2,282

 

$

2,509

 

$

2,282

 
Summary of Major Classes of Other Current Assets

Major classes of other current assets consist of the following:

 

 

September 30,
2021

 

 

December 31,
2020

 

Prepaid expenses

 

$

19,980

 

 

$

11,973

 

Service receivables(1)

 

 

435

 

 

 

508

 

Deferred offering costs(2)

 

 

—

 

 

 

1,459

 

Other current receivables

 

 

624

 

 

 

1,131

 

Total other current assets

 

$

21,039

 

 

$

15,071

 
Service receivables contain receivables from Geneva Re, Ltd. Further information regarding related parties is detailed in Note 19, Related Parties.