5. Leased Property

Leased property at September 30, 2018 and December 31, 2017 consists of the following (in thousands):


	September 30,		December 31,
	2018		2017
Right of use assets - operating	$	55,582	$	—
Right of use asset - finance		40,010		—
Capitalized costs of lessor assets		43,249		98,877
Less: accumulated depreciation		(8,826)		(11,812)
Leased property, net	$	130,015	$	87,065

Depreciation expense related to leased property was $2.2 million and $1.9 million for the three months ended September 30, 2018 and 2017, respectively. Depreciation expense related to leased property was $6.8 million and $5.2 million for the nine months ended September 30, 2018 and 2017, respectively. Included in depreciation expense for the three and nine months ended September 30, 2018 was depreciation of the finance right of use asset of $1.6 million and $4.9 million, respectively.