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OTHER LIABILITIES AND DEFERRED CREDITS
 9 Months Ended
Sep. 30, 2022
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, 2022December 31, 2021
Acquired below market leases, net$20,485 $22,402 
Prepaid rent and deferred revenue18,618 16,309 
Interest rate swap liability— 1,807 
Deferred rent expense and lease intangible— 3 
Deferred compensation2,288 2,503 
Deferred tax liability967 967 
Straight-line rent liability13,559 14,274 
Lease liability26,257 27,917 
Other liabilities68 33 
Total other liabilities and deferred credits, net$82,242 $86,215 
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.