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OTHER ASSETS (Tables)
12 Months Ended
Dec. 31, 2019
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
Schedule of Other Assets
Other assets consist of the following:
 
 
December 31,
(Dollars in millions)
 
2019
 
2018
Straight line rent
 
$
47.3

 
$
34.6

Hedge assets
 
32.6

 
43.7

Loan purchases and originations
 
29.4

 
27.8

Above-market leases, net of accumulated amortization of $51.0 million and $48.3 million at December 31, 2019 and 2018, respectively
 
26.1

 
37.2

Goodwill
 
23.9

 
23.9

Furniture and equipment net of accumulated depreciation of $21.9 and $37.9 at December 31, 2019 and December 31, 2018, respectively
 
23.7

 
31.4

Deferred taxes, net
 
24.4

 
24.7

Prepaid expenses
 
14.3

 
13.7

Right of use asset, net
 
13.6

 

Leasing commissions, net of accumulated amortization of $4.7 million and $3.3 million at December 31, 2019 and 2018, respectively
 
11.9

 
11.5

Other, net of accumulated amortization of $2.0 million and $2.8 million at December 31, 2019 and 2018, respectively
 
9.0

 
10.9

Development project asset
 
3.3

 
6.6

VAT receivable
 
2.5

 
2.3

Deposits
 
1.7

 
6.5

Other Assets
 
$
263.7

 
$
274.8


Lessee, Operating Lease, Liability, Maturity
The following table summarizes the fixed, future minimum rental payments, excluding variable costs, which are discounted to calculate the right of use asset and related lease liability for its operating leases in which we are the lessee:
(Dollars in millions)
Minimum
 
Rental Payments
2020
$
1.4

2021
1.4

2022
1.4

2023
0.8

2024
0.4

Thereafter
34.3

Total undiscounted rental payments
39.7

Less imputed interest
(26.1
)
Total lease liability
$
13.6


Future minimum lease payments under scheduled operating and ground leases that have initial or remaining noncancelable terms in excess of one year are as follows:
(Dollars in millions)
 
 
Year ending December 31,
 
 
2020
 
$
1.4

2021
 
1.4

2022
 
1.4

2023
 
0.8

2024
 
0.4

Thereafter
 
34.3

Total minimum payments
 
$
39.7