6. Leased Property

Leased property at December 31, 2019 and 2018 consists of the following (in thousands):


	December 31,		December 31,
	2019		2018
Right of use assets - operating	$	198,068	$	76,747
Right of use assets - finance		41,475		39,905
Capitalized costs of lessor assets		41,465		41,040
Less: accumulated depreciation		(36,268)		(10,941)
Leased property, net	$	244,740	$	146,751

Capitalized costs of lessor assets associated with finance leases have been reclassified to right of use assets upon the adoption of ASC 842. Depreciation expense related to leased property was $8.4 million, $8.4 million, and $7.3 million the years ended December 31, 2019, 2018 and 2017, respectively.