Other assets (Tables)

12 Months Ended

Dec. 31, 2019

Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]

The following table summarizes the components of other assets as of December 31, 2019 and 2018 (in thousands):



	December 31,
	2019		2018
Acquired in-place leases	$	281,650	$	132,906
Acquired below-market leases in which we are the lessee⁽¹⁾	—		17,434
Deferred compensation plan	22,225		19,238
Deferred financing costs – unsecured senior line of credit	13,064		16,060
Deposits	31,028		12,974
Furniture, fixtures, and equipment	23,031		14,787
Interest rate hedge assets	—		2,606
Net investment in direct financing lease	39,916		39,149
Notes receivable	435		528
Operating lease right-of-use asset⁽¹⁾	264,709		—
Other assets	32,040		19,861
Prepaid expenses	11,324		13,690
Property, plant, and equipment	174,292		81,024
Total	$	893,714	$	370,257

(1)

Upon the adoption of new lease accounting standards on January 1, 2019, the balance related to the acquired below-market leases in which we are the lessee was included in the calculation of our operating lease right-of-use asset. Refer to Note 2 – “Summary of Significant Accounting Policies” and Note 5 – “Leases” to our consolidated financial statements for additional information.