Other Assets (Tables)

6 Months Ended

Jun. 30, 2023

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

Schedule of Other Assets

Other assets consist of the following: 

(Dollars in millions)	June 30, 2023		December 31, 2022
Interest rate caps and swaps	$	58.5	$	41.0
Straight line rent receivable	45.6		42.2
Goodwill	23.9		23.9
Hedge assets	21.9		34.3
Right of use asset, net	12.2		12.2
Deferred taxes, net	11.3		9.4
Leasing commissions, net of accumulated amortization of $12.7 and $11.1 at June 30, 2023 and December 31, 2022, respectively	10.8		9.4
Prepaid expenses	10.6		12.7
Furniture and equipment net of accumulated depreciation of $29.4 and $29.4 at June 30, 2023 and December 31, 2022, respectively	9.0		13.4
Above-market leases, net of accumulated amortization of $52.6 and $53.0 at June 30, 2023 and December 31, 2022, respectively	3.2		3.9
Other	12.9		13.7
Other Assets	$	219.9	$	216.1

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
2023 (remainder)	$	0.7
2024	1.1
2025	1.5
2026	1.4
2027	1.4
Thereafter	35.4
Total undiscounted rental payments	41.5
Less imputed interest	(29.3)
Right of use asset, net	$	12.2