Other Assets and Intangibles, net (Tables)

12 Months Ended

Dec. 31, 2020

Other Assets [Abstract]

Components of Other Assets and Intangibles

Other assets and intangibles consist of the following (in thousands):  

	December 31,
	2020		2019
Intangible assets:
In-place leases, net	$	56,756	$	25,114
Above-market leases, net		8,387		3,193
Lease origination costs		4,974		3,720
Tenant relationships, net		20,301		25,994
Total intangible assets, net		90,418		58,021
Operating lease ROU assets(A)		20,604		21,792
Notes receivable(B)		—		7,541
Other assets:
Prepaid expenses		7,416		6,104
Other assets		2,348		2,959
Deposits		3,767		4,087
Deferred charges, net		6,137		8,127
Total other assets, net	$	130,690	$	108,631
Below-market leases, net (other liabilities)	$	57,348	$	46,961

(A) Operating lease ROU assets are discussed further in Notes 1 and 7.

(B) Repaid in 2020.  At December 31, 2019, the interest rate was 9.0%.

Summary of Amortization Expense Related to the Intangibles, Excluding Above and Below-Market Leases

Amortization expense related to the Company’s intangibles, excluding above- and below-market leases, was as follows (in millions):

Year	Expense
2020	$	15.8
2019		17.7
2018		34.2

Summary of Estimated Net Future Amortization Associated with Above and Below-Market Leases

Estimated net future amortization associated with the Company’s intangibles is as follows (in millions):

Year	Income		Expense
2021	$	3.6	$	20.9
2022		3.9		17.0
2023		3.9		13.1
2024		3.9		10.0
2025		3.9		5.7