Receivables and Other Assets (Tables)

3 Months Ended

Mar. 31, 2020

Receivables and Other Assets [Abstract]

Schedule of Receivables and Other Assets

Receivables and other assets consisted of the following as of March 31, 2020 and December 31, 2019, respectively (in thousands):


	March 31, 2020		December 31, 2019
Tenant receivables, net	$	3,309	$	11,801
Other receivables, net	19,153		13,786
Deferred financing costs, net	3,894		4,325
Deferred leasing costs, net	38,224		36,586
Straight-line rent receivables, net	112,093		107,800
Prepaid expenses, deposits, equipment and other, net	51,547		48,505
Derivative financial instruments - interest rate swaps	—		3,011
Finance ROU asset, net	3,409		3,409
Insurance receivable ⁽¹⁾	3,393		3,817
Held for sale assets	—		3,984
Total	$	235,022	$	237,024

(1) Amount primarily related to an involuntary conversion at one of our properties in 2019 for the total amount of $3.7 million. Pursuant to applicable accounting guidance, we deemed the receipt of funds from the Company's insurance carrier probable and expect the funds to fully cover, less our immaterial deductible, the damages we experienced. As of March 31, 2020, we had received $200 thousand in insurance proceeds. Subsequent to March 31, 2020, we received an additional $500 thousand for a total of $700 thousand received pursuant to this claim.

Summary of Amortization of Deferred Leasing Costs and Deferred Financing Costs

The following is a summary of the amortization of deferred leasing costs and financing costs for the three months ended March 31, 2020 and 2019, respectively (in thousands):


	Three Months Ended March 31,
	2020		2019
Amortization expense related to deferred leasing costs	$	1,896	$	2,154
Interest expense related to deferred financing costs	431		431