XML 56 R35.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Intangible Assets and Liabilities (Tables)
 12 Months Ended
Dec. 31, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of finite lived intangible assets and liabilities The Company’s intangible assets and liabilities as of December 31, 2019 and 2018 consisted of the following:
 
GROSS BALANCE
at December 31,
ACCUMULATED AMORTIZATION
at December 31,
WEIGHTED AVG.
REMAINING LIFE
in years
BALANCE SHEET CLASSIFICATION
Dollars in millions
2019

2018

2019

2018

Goodwill
$
3.5

$
3.5

$
—

$
—

N/A
Other assets, net
Credit facility debt issuance costs
5.8

5.4

0.8

3.2

3.8
Other assets, net
Above-market lease intangibles (lessor)
4.0

4.5

2.8

3.3

3.9
Other assets, net
Customer relationship intangibles (lessor)
4.1

2.7

1.6

1.0

43.1
Other assets, net
Below-market lease intangibles
(7.3
)
(7.3
)
(4.0
)
(4.0
)
6.7
Other liabilities
Debt issuance costs 1
9.2

9.3

3.5

2.8

5.8
Notes and bonds payable
At-market lease intangibles
147.9

114.4

59.8

52.0

5.4
Real estate properties
Above-market lease intangibles (lessee)
(7.2
)
(2.0
)
(0.2
)
(0.1
)
75.5
Right-of-use asset
Below-market lease intangibles (lessee)
18.8

17.8

2.5

2.2

63.0
Right-of-use asset
 
$
178.8

$
148.3

$
66.8

$
60.4

16.6
 

1
Includes debt issuance costs related to the Company's Unsecured Senior Notes payable, Unsecured Term Loan due 2024, and mortgage notes payable.
Schedule of expected net future amortization expense
The following table represents expected amortization over the next five years of the Company’s intangible assets and liabilities in place as of December 31, 2019:
Dollars in millions
FUTURE AMORTIZATION OF INTANGIBLES, NET

2019
$
24.1

2020
19.1

2021
16.0

2022
11.2

2023
7.0