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Other Assets, Net and Accounts Payable and Other Liabilities
3 Months Ended
Mar. 31, 2020
Deferred Costs Capitalized Prepaid And Other Assets Disclosure [Abstract]  
Other Assets, Net and Accounts Payable and Other Liabilities

5. Other Assets, Net and Accounts Payable and Other Liabilities

Other assets, net and accounts payable and other liabilities are comprised of the following for the periods presented:

 

(in thousands)

 

March 31,

2020

 

 

December 31,

2019

 

Other Assets, Net:

 

 

 

 

 

 

 

 

Lease intangibles, net (Note 6)

 

$

108,723

 

 

$

116,820

 

Deferred charges, net (a)

 

 

30,212

 

 

 

28,746

 

Prepaid expenses

 

 

14,948

 

 

 

18,873

 

Accrued interest receivable (Note 3)

 

 

11,181

 

 

 

9,872

 

Due from seller

 

 

3,682

 

 

 

3,682

 

Other receivables

 

 

3,384

 

 

 

3,996

 

Income taxes receivable

 

 

2,913

 

 

 

1,755

 

Deposits

 

 

1,662

 

 

 

1,853

 

Corporate assets, net

 

 

1,401

 

 

 

1,565

 

Deferred tax assets

 

 

923

 

 

 

913

 

Derivative financial instruments (Note 8)

 

 

14

 

 

 

2,583

 

 

 

$

179,043

 

 

$

190,658

 

 

 

 

 

 

 

 

 

 

(a) Deferred Charges, Net:

 

 

 

 

 

 

 

 

Deferred leasing and other costs

 

$

51,967

 

 

$

49,081

 

Deferred financing costs related to line of credit

 

 

10,085

 

 

 

10,051

 

 

 

 

62,052

 

 

 

59,132

 

Accumulated amortization

 

 

(31,840

)

 

 

(30,386

)

Deferred charges, net

 

$

30,212

 

 

$

28,746

 

 

 

 

 

 

 

 

 

 

Accounts Payable and Other Liabilities:

 

 

 

 

 

 

 

 

Derivative financial instruments (Note 8)

 

$

104,253

 

 

$

39,061

 

Lease intangibles, net (Note 6)

 

 

81,288

 

 

 

82,926

 

Lease liability - finance leases, net (Note 11)

 

 

77,881

 

 

 

77,657

 

Accounts payable and accrued expenses

 

 

64,701

 

 

 

68,838

 

Lease liability - operating leases, net (Note 11)

 

 

56,387

 

 

 

56,762

 

Deferred income

 

 

28,414

 

 

 

33,682

 

Tenant security deposits, escrow and other

 

 

12,406

 

 

 

12,590

 

 

 

$

425,330

 

 

$

371,516