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OTHER LIABILITIES AND DEFERRED CREDITS
 9 Months Ended
Sep. 30, 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):
September 30, 2020December 31, 2019
Acquired below market leases, net$22,608 $25,452 
Prepaid rent and deferred revenue11,868 16,969 
Interest rate swap liability6,333 1,317 
Deferred rent expense and lease intangible19 28 
Deferred compensation1,919 1,669 
Deferred tax liability501 332 
Straight-line rent liability19,326 16,903 
Lease liability30,644 5,380 
Other liabilities38 60 
Total other liabilities and deferred credits, net$93,256 $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.