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OTHER LIABILITIES AND DEFERRED CREDITS
 12 Months Ended
Dec. 31, 2023
Other Liabilities Disclosure [Abstract]  
OTHER LIABILITIES AND DEFERRED CREDITS OTHER LIABILITIES AND DEFERRED CREDITS
Other liabilities and deferred credits consist of the following (in thousands):
    
December 31, 2023December 31, 2022
Acquired below market leases, net$16,537 $19,664 
Prepaid rent and deferred revenue17,261 17,971 
Interest rate swap liability— 196 
Straight-line rent liability10,666 12,746 
Deferred compensation2,627 2,411 
Deferred tax liability784 852 
Lease liability23,254 25,676 
Other liabilities58 61 
Total other liabilities and deferred credits, net$71,187 $79,577 
Straight-line rent liability relates to leases which have rental payments that decrease over time or one-time upfront payments for which the rental revenue is deferred and recognized on a straight-line basis.