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Other Assets and Other Liabilities (Tables)
6 Months Ended
Jun. 30, 2020
Debt Disclosure [Abstract]  
Summary of Components of Other Assets

The following table summarizes the components of other assets ($ in thousands):

 

 

 

June 30, 2020

 

 

December 31, 2019

 

Real estate intangibles, net

 

$

669,006

 

 

$

665,342

 

Equity securities

 

 

348,261

 

 

 

 

Held for sale assets

 

 

136,701

 

 

 

143,379

 

Receivables

 

 

115,377

 

 

 

101,106

 

Straight-line rent receivable

 

 

99,963

 

 

 

38,287

 

Deferred leasing costs, net

 

 

37,381

 

 

 

28,792

 

Prepaid expenses

 

 

32,997

 

 

 

28,334

 

Deferred financing costs, net

 

 

26,988

 

 

 

28,494

 

Pre-acquisition costs

 

 

782

 

 

 

9,861

 

Other

 

 

37,347

 

 

 

36,398

 

Total

 

$

1,504,803

 

 

$

1,079,993

 

Summary of Components of Accounts Payable, Accrued Expenses, and Other Liabilities

The following table summarizes the components of accounts payable, accrued expenses, and other liabilities ($ in thousands):

 

 

 

June 30, 2020

 

 

December 31, 2019

 

Subscriptions received in advance

 

$

175,886

 

 

$

796,729

 

Intangible liabilities, net

 

 

139,501

 

 

 

136,954

 

Real estate taxes payable

 

 

130,246

 

 

 

100,767

 

Accounts payable and accrued expenses

 

 

113,341

 

 

 

126,565

 

Held for sale liabilities

 

 

105,433

 

 

 

108,411

 

Right of use lease liability - operating leases

 

 

84,250

 

 

 

82,880

 

Distribution payable

 

 

80,024

 

 

 

56,210

 

Prepaid rental income

 

 

76,265

 

 

 

87,479

 

Right of use lease liability - financing leases

 

 

57,245

 

 

 

56,758

 

Repurchases payable

 

 

52,096

 

 

 

11,021

 

Tenant security deposits

 

 

50,023

 

 

 

46,533

 

Accrued interest expense

 

 

47,105

 

 

 

50,279

 

Other

 

 

96,296

 

 

 

31,501

 

Total

 

$

1,207,711

 

 

$

1,692,087