XML 47 R35.htm IDEA: XBRL DOCUMENT v3.20.2
Other Liabilities, Net (Tables)
6 Months Ended
Jun. 30, 2020
Other Liabilities Disclosure [Abstract]  
Composition of Other Liabilities, Net

    

June 30, 2020

    

December 31, 2019

(In thousands)

Lease intangible liabilities, net

$

11,240

$

12,324

Prepaid rent

 

24,689

 

23,612

Lease assumption liabilities

 

13,251

 

17,589

Lease incentive liabilities

 

17,814

 

20,854

Liabilities related to operating lease right-of-use assets

 

11,643

 

28,476

Liabilities related to finance lease right-of-use assets (1)

 

39,878

 

Security deposits

 

15,700

 

16,348

Environmental liabilities

 

17,898

 

17,898

Net deferred tax liability

 

3,553

 

5,542

Dividends payable

 

 

34,012

Derivative agreements, at fair value

 

52,558

 

17,440

Other

 

12,190

 

11,947

Total other liabilities, net

$

220,414

$

206,042

(1)Related to an amendment of the ground lease for 1730 M Street executed during the six months ended June 30, 2020. The amendment extended the expiration date of the lease from April 2061 to December 2118, and resulted in its reclassification from an operating to a finance lease.