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Receivables and Other Assets (Tables)
9 Months Ended
Sep. 30, 2020
Receivables and Other Assets [Abstract]  
Schedule of Receivables and Other Assets
Receivables and other assets consisted of the following as of September 30, 2020 and December 31, 2019, respectively (in thousands):
September 30, 2020December 31, 2019
Tenant receivables, net
$8,532 $11,801 
Other receivables, net
11,658 13,786 
Deferred financing costs, net
3,017 4,325 
Deferred leasing costs, net
42,561 36,586 
Straight-line rent receivables, net123,981 107,800 
Prepaid expenses, deposits, equipment and other, net45,128 48,505 
Derivative financial instruments - interest rate swaps— 3,011 
Finance ROU asset, net4,105 3,409 
Insurance receivables (1)
659 3,817 
Held for sale assets— 3,984 
Total$239,641 $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. In May 2020, this amount was adjusted to $2.1 million to reflect the revision in damages incurred and corresponding final agreement between HTA and our insurance carrier. 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 September 30, 2020, we had received all insurance proceeds to close out 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 and nine months ended September 30, 2020 and 2019, respectively (in thousands):
Three Months Ended September 30,Nine Months Ended September 30,
2020201920202019
Amortization expense related to deferred leasing costs
$2,389 $1,949 $6,398 $5,978 
Interest expense related to deferred financing costs431 431 1,293 1,293