NOTE 10. OTHER ASSETS

Other assets consisted of the following as of September 30, 2019 and December 31, 2018:


	As of
	September 30, 2019		December 31, 2018
Income Property Tenant Receivables	$	1,114,355	$	627,691
Income Property Straight-line Rent Adjustment		4,819,777		4,304,279
Income Property Lease Incentive		2,167,422		2,394,246
Interest Receivable from Commercial Loan Investment		84,833		—
Operating Leases - Right-of-Use Asset		384,462		—
Cash Flow Hedge - Interest Rate Swap		109,041		651,722
Infrastructure Reimbursement Receivables		1,869,177		1,847,375
Deferred Deal Costs		129,352		425,476
Prepaid Expenses, Deposits, and Other		3,329,830		2,634,664
Total Other Assets	$	14,008,249	$	12,885,453

Income Property Lease Incentive. As of September 30, 2019, the Income Property Lease Incentive of approximately $2.2 million relates to a tenant improvement allowance of approximately $2.7 million provided to Hilton Grand Vacations in conjunction with the extension of their leases of two buildings from November 30, 2021 to November 30, 2026, offset by approximately $580,000 of accumulated amortization which has been recognized as an offset to rental revenue. The remaining balance will be amortized over the remaining term of the leases.

Infrastructure Reimbursement Receivables. As of September 30, 2019 and December 31, 2018, the Infrastructure Reimbursement Receivables were all related to the land sales within the Tomoka Town Center. The balance as of September 30, 2019 consisted of approximately $1.4 million due from Tanger for infrastructure reimbursement to be repaid in eight remaining annual installments of $175,000, net of a discount of approximately $138,000, and approximately $660,000 due from Sam’s Club for infrastructure reimbursement to be repaid in six remaining annual installments of $110,000, net of a discount of approximately $52,000.

Deferred Deal Costs. Deferred Deal Costs represent legal costs incurred in advance of the potential execution of and/or closing of a contract for the disposition of assets, primarily land sales. The costs are deferred and expensed at the time the transaction closes or at the time it becomes evident that the transaction will not be completed. During the nine months ended September 30, 2019, approximately $552,000, of deal costs were expensed at the time it became evident that the transaction would not be completed.

Operating Leases – Right-of-Use Asset. The Company implemented FASB ASC Topic 842, Leases, effective January 1, 2019, resulting in a cumulative effect adjustment to increase right-of-use assets and related liabilities for operating leases for which the Company is the lessee.