Table:
|  | As of |  |
| --- | --- | --- |
|  | December 31, 2019 | December 31, 2018 |
| Long-term prepaid ground rent | $— | $607.5 |
| Notes receivable | 1.1 | 1.0 |
| Other miscellaneous assets | 405.3 | 354.1 |
| Notes receivable and other non-current assets | $406.4 | $962.6 |
Paragraphs:
AMERICAN TOWER CORPORATION AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Tabular amounts in millions, unless otherwise disclosed)
6. NOTES RECEIVABLE AND OTHER NON-CURRENT ASSETS
Notes receivable and other non-current assets consisted of the following:
The reduction in Long-term prepaid ground rent is a result of the reclassification of assets to the Right-of-use asset in connection with the Company’s adoption of the new lease accounting standard.
Question:
Why did long-term prepaid ground rent decrease?