OTHER LIABILITIES (Tables)

12 Months Ended

Dec. 31, 2019

Other Liabilities Disclosure [Abstract]

Summary of other liabilities

A summary of the Company’s Other liabilities follows:

	December 31,
	2019			2018
	(In thousands)
Security deposits	$	20,351		18,432
Prepaid rent and other deferred income	13,855			12,728
Operating lease liabilities — Ground leases (1)	12,048			—
Operating lease liabilities — Office leases (1)	2,141			—
Acquired below-market lease intangibles	8,616			5,891
Accumulated amortization of acquired below-market lease intangibles	(4,494		)	(3,028	)
Acquired below-market lease intangibles, net of accumulated amortization	4,122			2,863
Interest rate swap liabilities	678			—
Prepaid tenant improvement reimbursements	56			614
Other liabilities	15,872			15
Total Other liabilities	$	69,123		34,652

(1)

See Note 1(o) for information regarding the Company’s January 1, 2019, implementation of FASB ASC 842, Leases, and the Company’s right of use assets and related liabilities for office leases.