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Other Assets and Intangibles | 12 Months Ended
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Dec. 31, 2018
Deferred Costs Capitalized Prepaid And Other Assets Disclosure [Abstract] |
Other Assets and Intangibles |
7. | Other Assets and Intangibles
Other assets consist of the following (in thousands):
| December 31, |
| 2018 |  |  | 2017 |
Intangible assets: |  |  |  |  |  |  |
In-place leases, net | $ | 30,703 |  |  | $ | 71,809 |
Above-market leases, net |  | 6,833 |  |  |  | 14,391 |
Lease origination costs |  | 4,045 |  |  |  | 10,029 |
Tenant relationships, net |  | 35,838 |  |  |  | 86,178 |
Total intangible assets, net(A) |  | 77,419 |  |  |  | 182,407 |
Other assets: |  |  |  |  |  |  |
Prepaid expenses(B) |  | 5,372 |  |  |  | 10,806 |
Other assets |  | 3,612 |  |  |  | 3,869 |
Deposits |  | 4,384 |  |  |  | 5,076 |
Deferred charges, net |  | 5,767 |  |  |  | 7,901 |
Total other assets, net | $ | 96,554 |  |  | $ | 210,059 |
Below-market leases, net (other liabilities)(A) | $ | 50,332 |  |  | $ | 127,513 |
(A) | In the event a tenant terminates its lease prior to the contractual expiration, the unamortized portion of the related intangible asset or liability is adjusted to reflect the updated lease term.
(B) | Included Puerto Rico prepaid tax assets of $4.0 million at December 31, 2017. In connection with the spin-off of RVI, the Company wrote-off these prepaid tax assets to Other Income (Expense), net in the Company’s consolidated statements of operations (Note 17).
Amortization expense related to the Company’s intangibles, excluding above- and below-market leases was as follows (in millions):
Year |  | Expense |
2018 |  | $ | 34.2 |
2017 |  |  | 60.7 |
2016 |  |  | 72.1 |
Estimated net future amortization associated with the Company’s intangible assets is as follows (in millions):
Year |  | Income |  |  | Expense |
2019 |  | $ | 3.6 |  |  | $ | 17.9 |
2020 |  |  | 3.5 |  |  |  | 12.6 |
2021 |  |  | 3.5 |  |  |  | 9.9 |
2022 |  |  | 3.6 |  |  |  | 7.9 |
2023 |  |  | 3.7 |  |  |  | 6.2 |

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