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Other Assets And Deferred Charges, Net (Tables)
12 Months Ended
Dec. 31, 2018
Deferred Costs Capitalized Prepaid And Other Assets Disclosure [Abstract]  
Components Of Other Assets And Deferred Charges, Net

Other assets and deferred charges, net at December 31, 2018 and 2017 are composed of the following:

 

 

 

December 31,

 

 

 

2018

 

 

2017

 

Lease origination costs (a)

 

$

21,623,000

 

 

$

19,343,000

 

Interest rate swaps

 

 

8,871,000

 

 

 

6,394,000

 

Prepaid expenses

 

 

5,790,000

 

 

 

5,377,000

 

Unsecured revolving credit facility financing costs

 

 

1,627,000

 

 

 

2,207,000

 

Leasehold improvements, furniture and fixtures

 

 

359,000

 

 

 

393,000

 

Investments related to share-based compensation

 

 

616,000

 

 

 

552,000

 

Other

 

 

1,756,000

 

 

 

1,084,000

 

Total other assets and deferred charges, net

 

$

40,642,000

 

 

$

35,350,000

 

 

 

(a)

Lease origination costs include the unamortized balance of intangible lease assets resulting from purchase accounting allocations of $7.5 million (cost of $19.9 million and accumulated amortization of $12.4 million) and $8.3 million (cost of $20.5 million and accumulated amortization of $12.2 million) as of December 31, 2018 and 2017, respectively.

Schedule Of Future Charges Of Unamortized Balances Of Deferred Lease Origination Costs And Deferred Financing Costs

 

 

 

Lease

 

 

Unsecured revolving

 

 

 

origination

 

 

credit facility

 

 

 

costs

 

 

financing costs

 

2019

 

$

3,194,000

 

 

$

610,000

 

2020

 

 

2,576,000

 

 

 

610,000

 

2021

 

 

2,193,000

 

 

 

407,000

 

2022

 

 

1,860,000

 

 

 

 

2023

 

 

1,568,000

 

 

 

 

Thereafter

 

 

10,232,000

 

 

 

 

 

 

$

21,623,000

 

 

$

1,627,000