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Other Assets (Tables)
9 Months Ended
Sep. 30, 2020
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
Schedule of other assets
As of September 30, 2020 and December 31, 2019, the balances in other assets, net are as follows:
September 30, 2020December 31, 2019
Investments in debt securities, net$309,122 $316,991 
Investment in unconsolidated joint venture53,756 54,778 
Held for sale assets(1)
50,685 116,529 
Rent and other receivables, net36,540 25,244 
Prepaid expenses27,396 32,106 
ROU lease assets — operating and finance, net21,510 13,768 
Investments in equity securities16,734 16,650 
Corporate fixed assets, net8,809 9,825 
Deferred leasing costs, net7,985 7,427 
Amounts deposited and held by others5,863 1,348 
Deferred financing costs, net987 2,765 
Derivative instruments (Note 7)1,643 
Other12,183 6,192 
Total$551,571 $605,266 
(1)As of September 30, 2020 and December 31, 2019, 211 and 478 properties, respectively, are classified as held for sale.
Schedule of supplemental information related to leases
The following table presents supplemental information related to leases into which we have entered as a lessee as of September 30, 2020 and December 31, 2019:
September 30, 2020December 31, 2019
Operating
Leases
Finance
Leases
Operating
Leases
Finance
Leases
Other assets$12,112 $9,398 $12,552 $1,216 
Other liabilities (Note 14)15,190 8,979 13,787 1,210 
Weighted average remaining lease term3.9 years3.3 years3.8 years2.0 years
Weighted average discount rate3.7 %4.0 %4.0 %4.0 %
Lease Payments to be Received
Future minimum rental revenues and other property income under leases existing on our single-family residential properties as of September 30, 2020 are as follows:
YearLease Payments to be Received
Remainder of 2020$401,730 
2021751,863 
202281,892 
2023— 
2024— 
Thereafter— 
Total$1,235,485