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Restricted Cash, Other Assets and Other Liabilities | 12 Months Ended
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Dec. 31, 2018
Restricted Cash, Other Assets And Other Liabilities [Abstract] |
Restricted Cash, Other Assets and Other Liabilities | Restricted Cash, Other Assets and Other Liabilities Restricted Cash The following table summarizes the Company's restricted cash balance:
(In thousands) |  | December 31, 2018 |  | December 31, 2017
Capital expenditures reserves (1) |  | $ | 215,366 |  |  | $ | 249,612 |
Real estate escrow reserves (2) |  | 51,352 |  |  | 42,420 |
Borrower escrow deposits |  | 10,412 |  |  | 41,545 |
Working capital and other reserves (3) |  | 19,586 |  |  | 23,043 |
Tenant lock boxes (4) |  | 15,666 |  |  | 16,486 |
Restricted cash of consolidated N-Star CDOs (5) |  | — |  |  | 13,656 |
Other |  | 54,376 |  |  | 84,316 |
Total restricted cash |  | $ | 366,758 |  |  | $ | 471,078 |
__________
(1) | Represents primarily capital improvements, furniture, fixtures and equipment, tenant improvements, lease renewal and replacement reserves related to real estate assets.
(2) | Represents primarily insurance, real estate tax, repair and maintenance, tenant security deposits and other escrows related to real estate assets.
(3) | Represents reserves for working capital and property development expenditures, as well as in connection with letter of credit provisions, as required in joint venture arrangements with the Federal Deposit Insurance Corporation.
(4) | Represents tenant rents held in lock boxes controlled by the lender. The Company receives the monies after application of rent receipts to service its debt.
(5) | Balance at December 31, 2017 represents proceeds from repayments and/or sales of debt securities which are pending distribution in consolidated N-Star CDOs. The Company sold all of its interest in the sponsored N-Star CDOs in May 2018 and deconsolidated the N-Star CDOs.
Other Assets The following table summarizes the Company's other assets:
(In thousands) |  | December 31, 2018 |  | December 31, 2017
Interest receivable |  | $ | 14,005 |  |  | $ | 21,529 |
Straight-line rents |  | 61,196 |  |  | 45,598 |
Hotel-related reserves (1) |  | 21,636 |  |  | 29,208 |
Investment deposits and pending deal costs |  | 34,179 |  |  | 1,706 |
Deferred financing costs, net (2) |  | 7,870 |  |  | 10,068 |
Contingent consideration escrow account (3) |  | — |  |  | 15,730 |
Derivative assets (Note 13) |  | 33,558 |  |  | 10,152 |
Prepaid taxes and deferred tax assets, net |  | 71,656 |  |  | 79,063 |
Receivables from resolution of investments (4) |  | 30,770 |  |  | 15,215 |
Contributions receivable (5) |  | 55,252 |  |  | 25,501 |
Accounts receivable (6) |  | 67,005 |  |  | 87,744 |
Prepaid expenses |  | 26,991 |  |  | 29,526 |
Other assets |  | 31,267 |  |  | 20,296 |
Fixed assets, net |  | 47,932 |  |  | 53,632 |
Total other assets |  | $ | 503,317 |  |  | $ | 444,968 |
__________
(1) | Represents reserves held by the Company's third party managers at certain of the Company's hotel properties to fund furniture, fixtures and equipment expenditures. Funding is made periodically based on a percentage of hotel operating income.
(2) | Deferred financing costs relate to revolving credit arrangements.
(3) | Contingent consideration escrow account holds certificates of deposit and cash for dividends paid on OP Units held in escrow for the contingent consideration that may be earned by certain executives in connection with the acquisition of the investment management business of Colony's former manager (Note 14). Upon final measurement of the contingent consideration at the end of its earnout period on June 30, 2018, the final amount of dividends on class A common stock and OP Units payable to the executives was determined to be $6.4 million, which was settled in August 2018, and the remaining escrow balance was released back to the Company.
(4) | Represents primarily proceeds from loan repayments held in escrow and sales of marketable equity securities pending settlement.
(5) | Represents contributions receivable from noncontrolling interests in investment entities as a result of capital calls made at period end.
(6) | Includes receivables for hotel operating income, resident fees, rent and other tenant receivables.
Accrued and Other Liabilities The following table summarizes the Company's accrued and other liabilities:
(In thousands) |  | December 31, 2018 |  | December 31, 2017
Tenant security deposits and payable |  | $ | 29,070 |  |  | $ | 27,560 |
Borrower escrow deposits |  | 13,001 |  |  | 46,231 |
Deferred income (1) |  | 40,156 |  |  | 42,457 |
Interest payable |  | 40,648 |  |  | 42,462 |
Derivative liabilities (Note 13) |  | 132,808 |  |  | 204,848 |
Contingent consideration—THL Hotel Portfolio (Note 3) |  | 8,903 |  |  | 7,419 |
Share repurchase payable (2) |  | 7,567 |  |  | — |
Current and deferred income tax liability |  | 93,174 |  |  | 166,276 |
Accrued compensation |  | 81,911 |  |  | 77,483 |
Accrued carried interest and contractual incentive fee compensation |  | 12,182 |  |  | — |
Accrued real estate and other taxes |  | 64,440 |  |  | 77,060 |
Other accrued expenses |  | 89,745 |  |  | 107,508 |
Accounts payable and other liabilities |  | 94,316 |  |  | 98,857 |
Total accrued and other liabilities |  | $ | 707,921 |  |  | $ | 898,161 |
__________
(1) | Represents primarily prepaid rental income and interest income held in reserve accounts. Includes deferred asset management fee income of $3.2 million at December 31, 2018 and $2.7 million at December 31, 2017, which will be recognized as fee income on a straight-line basis through 2025. Adoption of the new revenue recognition standard had resulted in approximately $1.6 million increase to deferred management fee income on January 1, 2018. For the year ended December 31, 2018, $0.6 million relating to the deferred asset management fee balance at January 1, 2018 was recognized as fee income.
(2) | Represents the Company's common stock repurchases transacted in December 2018 and settled in January 2019.

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