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Deferred Revenue, Intangibles, Net and Other Liabilities
3 Months Ended
Mar. 31, 2021
Other Liabilities Disclosure [Abstract]  
Deferred Revenue, Intangibles, Net and Other Liabilities Deferred Revenue, Intangibles, Net and Other Liabilities
  
Deferred revenue and other liabilities consist of the unamortized fair value of below market lease liabilities recorded in connection with purchase accounting, retainage payables for development and redevelopment projects, tenant rent payments received in advance of the month in which they are due, and lease liabilities recorded upon adoption of ASU 2016-02.  The amortization of below market lease liabilities is recognized as revenue over the remaining life of the leases (including option periods for leases with below market renewal options) through 2046.  Tenant rent payments received in advance are recognized as revenue in the period to which they apply, which is typically the month following their receipt.
   
At March 31, 2021 and December 31, 2020, deferred revenue, intangibles, net and other liabilities consisted of the following:
 
 March 31,
2021
December 31,
2020
Unamortized in-place lease liabilities$44,527 $45,479 
Retainages payable and other2,493 1,943 
Tenant rents received in advance10,029 11,716 
Lease liabilities26,378 26,511 
Total$83,427 $85,649 
The amortization of below market lease intangibles is included as a component of minimum rent in the accompanying consolidated statements and was $0.7 million and $0.8 million for the three months ended March 31, 2021 and 2020, respectively.