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OTHER ASSETS (Tables)
12 Months Ended
Dec. 31, 2019
Schedule of Other Assets

Other assets consist of the following (in thousands):

 

 

 

December 31,

 

 

 

2019

 

 

2018

 

Intangible assets:

 

 

 

 

 

 

 

 

    Below market lease value, less accumulated

        amortization of $8,850

 

 

 

 

 

32,738

 

    Deferred leasing assets, less accumulated

        amortization of $5,647 and $2,021, respectively

 

 

41,129

 

 

 

43,856

 

    Other intangible assets, less accumulated

        amortization of $8,182 and $5,118, respectively

 

 

14,517

 

 

 

17,311

 

Construction receivable - Kansas lease

 

 

137,665

 

 

 

 

ROU lease assets

 

 

108,118

 

 

 

 

Lease incentive assets

 

 

5,454

 

 

 

6,096

 

Debt issuance costs, less accumulated amortization of

    $1,475 and $631, respectively

 

 

2,628

 

 

 

3,322

 

Cash equivalents and cash surrender value of life

    insurance held in Rabbi trust

 

 

14,448

 

 

 

13,977

 

Straight-line rent receivable

 

 

7,836

 

 

 

10,729

 

Insurance receivable

 

 

13,179

 

 

 

6,599

 

Other

 

 

5,933

 

 

 

6,579

 

 

 

$

350,907

 

 

$

141,207

 

Estimated Amortization Expense Related to Intangible Assets

As of December 31, 2019, the estimated amortization expense related to intangible assets for each of the next five years is as follows (in thousands):

 

2020

 

$

6,708

 

2021

 

 

5,781

 

2022

 

 

4,565

 

2023

 

 

3,569

 

2024

 

 

3,514