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OTHER LIABILITIES AND DEFERRED CREDITS
 9 Months Ended
Sep. 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):
September 30, 2021December 31, 2020
Acquired below market leases, net$23,298 $21,458 
Prepaid rent and deferred revenue14,075 14,518 
Interest rate swap liability2,874 4,531 
Deferred rent expense and lease intangible6 16 
Deferred compensation2,350 2,059 
Deferred tax liability573 570 
Straight-line rent liability15,142 18,049 
Lease liability28,455 30,060 
Other liabilities32 39 
Total other liabilities and deferred credits, net$86,805 $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.