Other Assets (Tables)

9 Months Ended

Sep. 30, 2020

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

Schedule of Other Assets

Other assets consist of the following: 

(Dollars in millions)	September 30, 2020		December 31, 2019
Loan purchases and originations	$	97.3	$	37.5
Straight line rent receivable	56.7		47.3
Deferred taxes	26.1		24.4
Hedge assets	24.0		32.6
Goodwill	23.9		23.9
Furniture and equipment net of accumulated depreciation of $25.3 and $21.9 at September 30, 2020 and December 31, 2019, respectively	23.6		23.7
Other, net of accumulated amortization of $2.2 and $2.0 at September 30, 2020 and December 31, 2019, respectively	17.9		16.5
Above-market leases, net of accumulated amortization of $56.1 and $51.0 at September 30, 2020 and December 31, 2019, respectively	16.6		26.1
Prepaid expenses	15.1		14.3
Right of use asset, net	12.4		13.6
Leasing commissions, net of accumulated amortization of $6.4 and $4.7 at September 30, 2020 and December 31, 2019, respectively	12.4		11.9
Marketable Securities	8.8		—
Other Assets	$	334.8	$	271.8

Schedule of Future Minimum Rental Payments for Operating Leases

The following table summarizes the fixed, future minimum rental payments, excluding variable costs, which are discounted to calculate the right of use asset and related lease liability for its operating leases in which we are the lessee:

(Dollars in millions)	Minimum
	Rental Payments
2020 (remainder)	$	0.4
2021	1.5
2022	1.5
2023	0.8
2024	0.5
Thereafter	33.3
Total undiscounted rental payments	38.0
Less imputed interest	(25.6)
Total lease liabilities	$	12.4