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Other Assets, Net | 12 Months Ended
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Dec. 31, 2019
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract] |
Other Assets, Net | Other Assets, Net The following is a summary of other assets, net:
|  | December 31,
|  | 2019 |  | 2018
|  | (In thousands)
Deferred leasing costs |  | $ | 205,830 |  |  | $ | 202,066 |
Accumulated amortization |  | (79,814 | ) |  | (72,465 | )
Deferred leasing costs, net |  | $ | 126,016 |  |  | $ | 129,601 |
Lease intangible assets, net |  | 23,644 |  |  | 34,390 |
Other identified intangible assets, net |  | 48,620 |  |  | 55,469 |
Operating right-of-use assets, net (1) |  | 19,865 |  |  | — |
Prepaid expenses |  | 12,556 |  |  | 6,482 |
Deferred financing costs on credit facility, net |  | 3,071 |  |  | 4,806 |
Deposits |  | 3,210 |  |  | 3,633 |
Derivative agreements, at fair value |  | — |  |  | 10,383 |
Other |  | 16,705 |  |  | 20,230 |
Total other assets, net |  | $ | 253,687 |  |  | $ | 264,994 |
______________
(1) | Related to our adoption of Topic 842 on January 1, 2019. See Note 2 for additional information.
The following is a summary of the composition of lease intangible assets, net:
| December 31,
| 2019 |  | 2018
| (in thousands)
Lease intangible assets: |
In-place leases | $ | 33,812 |  |  | $ | 38,216 |
Above-market real estate leases | 8,635 |  |  | 9,414 |
Below-market ground leases | — |  |  | 2,215 |
Total lease intangibles assets | 42,447 |  |  | 49,845 |
Accumulated amortization: |  |  |
In-place leases | 15,231 |  |  | 11,602 |
Above-market real estate leases | 3,572 |  |  | 2,405 |
Below-market ground leases | — |  |  | 1,448 |
Total accumulated amortization | 18,803 |  |  | 15,455 |
Lease intangible assets, net | $ | 23,644 |  |  | $ | 34,390 |
The following is a summary of the composition of other identified intangible assets, net:
| December 31,
| 2019 |  | 2018
| (in thousands)
Other identified intangible assets: |
Option to enter into ground lease | $ | 17,090 |  |  | $ | 17,090 |
Management and leasing contracts | 48,900 |  |  | 48,900 |
Other | 166 |  |  | 166 |
Total other identified intangibles assets | 66,156 |  |  | 66,156 |
Accumulated amortization: |  |  |
Management and leasing contracts | 17,385 |  |  | 10,297 |
Other | 151 |  |  | 390 |
Total accumulated amortization | 17,536 |  |  | 10,687 |
Other identified intangible assets, net | $ | 48,620 |  |  | $ | 55,469 |
The following is a summary of amortization expense related to lease and other identified intangible assets:
| Year Ended December 31,
| 2019 |  | 2018 |  | 2017
| (in thousands)
In-place lease amortization (1) | $ | 7,375 |  |  | $ | 11,807 |  |  | $ | 10,216 |
Above-market real estate lease amortization (2) | 1,730 |  |  | 2,390 |  |  | 1,428 |
Below-market ground lease amortization (3) | — |  |  | 85 |  |  | 87 |
Management and leasing contract amortization (1) | 7,088 |  |  | 7,088 |  |  | 3,209 |
Other amortization | (240 | ) |  | 191 |  |  | 14 |
Total lease and other identified intangible asset amortization expense | $ | 15,953 |  |  | $ | 21,561 |  |  | $ | 14,954 |
___________________________________________ (1) Amounts are included in "Depreciation and amortization expense" in our statements of operations. (2) Amounts are included in "Property rentals revenue" in our statements of operations. (3) Amounts are included in "Property operating expenses" in our statements of operations. The following is a summary of the estimated amortization of lease and other identified intangible assets for the next five years and thereafter as of December 31, 2019:
Year ending December 31, |  | Amount
|  | (in thousands)
2020 |  | $ | 12,949 |
2021 |  | 9,993 |
2022 |  | 8,999 |
2023 |  | 8,510 |
2024 |  | 7,973 |
Thereafter |  | 6,750 |
Total (1) |  | $ | 55,174 |
___________________________________________ (1) Estimated amortization related to the option to enter into ground lease is not included within the amortization table above as the ground lease does not have a definite start date.

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