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Other Assets, Net
3 Months Ended
Mar. 31, 2016
Other Assets [Abstract]  
Other Assets, Net

4.

Other Assets, Net

Other assets consist of the following (in thousands):  

 

 

March 31, 2016

 

 

December 31, 2015

 

Intangible assets:

 

 

 

 

 

 

 

In-place leases, net

$

125,084

 

 

$

130,330

 

Above-market leases, net

 

43,074

 

 

 

46,214

 

Tenant relations, net

 

127,592

 

 

 

134,504

 

Total intangible assets, net(A)

 

295,750

 

 

 

311,048

 

Other assets:

 

 

 

 

 

 

 

Prepaid expenses

 

38,630

 

 

 

28,923

 

Other assets

 

5,537

 

 

 

6,293

 

Deposits

 

7,734

 

 

 

7,536

 

Deferred charges, net

 

5,768

 

 

 

6,113

 

Total other assets, net

$

353,419

 

 

$

359,913

 

(A)

The Company recorded amortization expense related to its intangibles, excluding above- and below- market leases of $19.5 million and $25.6 million for the three months ended March 31, 2016 and 2015, respectively.