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OTHER LIABILITIES AND DEFERRED CREDITS
 3 Months Ended
Mar. 31, 2020
Other Liabilities Disclosure [Abstract]  
OTHER LIABILITIES AND DEFERRED CREDITS OTHER LIABILITIES AND DEFERRED CREDITS
Other liabilities and deferred credits consist of the following (in thousands):
March 31, 2020December 31, 2019
Acquired below market leases, net$24,483  $25,452  
Prepaid rent and deferred revenue13,311  16,969  
Interest rate swap liability6,997  1,317  
Deferred rent expense and lease intangible25  28  
Deferred compensation1,726  1,669  
Deferred tax liability332  332  
Straight-line rent liability18,848  16,903  
Lease liability26,781  5,380  
Other liabilities39  60  
Total other liabilities and deferred credits, net$92,542  $68,110  
Straight-line rent liability relates to leases which have rental payments that decrease over time or one-time upfront payments for which the rental revenue is deferred and recognized on a straight-line basis.