Other Assets, Net

3 Months Ended

Mar. 31, 2018

4.	Other Assets, Net

Other assets consist of the following (in thousands):

	March 31, 2018		December 31, 2017
Intangible assets:
In-place leases, net	$	64,869	$	71,809
Above-market leases, net		13,250		14,391
Lease origination costs		9,155		10,029
Tenant relations, net		80,560		86,178
Total intangible assets, net^(A)		167,834		182,407
Other assets:
Prepaid expenses^(B)		26,340		10,806
Other assets^(C)		8,198		3,869
Deposits		4,941		5,076
Deferred charges, net		7,368		7,901
Total other assets, net	$	214,681	$	210,059

(A)

The Company recorded amortization expense related to its intangibles, excluding above- and below-market leases, of $11.9 million and $16.6 million for the three months ended March 31, 2018 and 2017, respectively.

(B)

Includes prepaid tax assets of $4.0 million at March 31, 2018 and December 31, 2017.

(C)

Includes $4.7 million fair value of an interest rate cap at March 31, 2018 related to the $1.35 billion mortgage loan entered into in 2018 in connection with the planned spin-off (Note 6).