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OTHER LIABILITIES AND DEFERRED CREDITS
 6 Months Ended
Jun. 30, 2021
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):
June 30, 2021December 31, 2020
Acquired below market leases, net$19,917 $21,458 
Prepaid rent and deferred revenue12,314 14,518 
Interest rate swap liability3,309 4,531 
Deferred rent expense and lease intangible9 16 
Deferred compensation2,269 2,059 
Deferred tax liability570 570 
Straight-line rent liability16,234 18,049 
Lease liability28,457 30,060 
Other liabilities36 39 
Total other liabilities and deferred credits, net$83,115 $91,300 
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.