5.	Other Assets

Other assets consist of the following (in thousands):

	March 31, 2015		December 31, 2014
Intangible assets:
In-place leases, net	$	150,045	$	160,351
Above-market rent, net		53,721		57,199
Tenant relations, net		160,602		171,666
Total intangible assets, net^(A)		364,368		389,216
Other assets:
Prepaid expenses		24,954		14,456
Other assets^(B)		26,702		39,746
Deposits		7,944		8,024
Total other assets, net	$	423,968	$	451,442

(A)	The Company recorded amortization expense related to its intangibles, excluding above- and below- market leases, of $25.6 million and $29.1 million for the three-month periods ended March 31, 2015 and 2014, respectively.

(B)	See discussion of deferred tax asset in Note 1. During the first quarter of 2015, in accordance with amended legislation of the Puerto Rico Internal Revenue Code, the Company elected and paid an additional $20.2 million as part of an overall tax restructuring.