Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 Amendments

Allowance for credit losses

v3.21.2
Allowance for credit losses
6 Months Ended
Jun. 30, 2021
Credit Loss [Abstract]  
Allowance for credit losses Allowance for credit losses
Movements in the allowance for credit losses during the six months ended June 30, 2021 were as follows:
Six Months Ended June 30,
2021 2020
Allowance for credit losses at beginning of period $ 67,153  $ — 
Cumulative effect due to adoption of new accounting standard —  30,264 
Current period provision for expected credit losses 16,954  33,999 
Write-offs charged against the allowance —  — 
Allowance for credit losses at end of period $ 84,107  $ 64,263 
During the six months ended June 30, 2021 and 2020, we increased our credit provision, classified in leasing expenses, primarily related to the increased credit risk due to the Covid-19 pandemic.