Other Assets (Tables)

9 Months Ended

Sep. 30, 2017

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

Schedule of Other Assets

Other assets consist of the following:

(Dollars in millions)	September 30, 2017		December 31, 2016
Above-market leases, net of accumulated amortization of $42.0 and $28.1 at September 30, 2017 and December 31, 2016, respectively	$	67.3	$	72.4
Development project asset	46.4		—
Deferred tax asset, net	31.3		23.2
VAT receivable	30.5		28.4
Goodwill	23.9		23.9
Office furniture and equipment net of accumulated depreciation of $35.1 and $24.4 at September 30, 2017 and December 31, 2016, respectively	23.6		25.4
Straight line rent	21.6		11.7
Prepaid expenses	15.2		10.2
Other, net of accumulated amortization of $4.9 and $3.7 at September 30, 2017 and December 31, 2016, respectively	12.3		12.5
Acquisition costs	10.0		—
Marketable securities (1)	7.8		7.5
Leasing commissions, net of accumulated amortization of $2.7 and $1.7 at September 30, 2017 and December 31, 2016, respectively	6.5		7.4
Hedge assets	3.6		20.2
Deposits	3.3		1.8
Other Assets	$	303.3	$	244.6

⁽¹⁾ The amount above excludes Kennedy Wilson's 30.0 million shares in KWE as the investment is eliminated due to the consolidation of KWE's results.