deadlock_timeout is set to 1s, so I don't know why it seems to be running several times per millisecond.
47462 idle in transaction 2017-05-26 16:05:20.505 PDT LOG: logical decoding found initial starting point at 1B/7BAC9D50
47462 idle in transaction 2017-05-26 16:05:20.505 PDT DETAIL: Waiting for transactions (approximately 9) older than 73326615 to end.
47462 idle in transaction waiting 2017-05-26 16:05:21.505 PDT LOG: process 47462 still waiting for ShareLock on transaction 73322726 after 1000.060 ms
47462 idle in transaction waiting 2017-05-26 16:05:21.505 PDT DETAIL: Process holding the lock: 47457. Wait queue: 47462.
47462 idle in transaction waiting 2017-05-26 16:05:21.506 PDT LOG: process 47462 still waiting for ShareLock on transaction 73322726 after 1000.398 ms
47462 idle in transaction waiting 2017-05-26 16:05:21.506 PDT DETAIL: Process holding the lock: 47457. Wait queue: 47462.
47462 idle in transaction waiting 2017-05-26 16:05:21.506 PDT LOG: process 47462 still waiting for ShareLock on transaction 73322726 after 1000.574 ms
47462 idle in transaction waiting 2017-05-26 16:05:21.506 PDT DETAIL: Process holding the lock: 47457. Wait queue: 47462.
47462 idle in transaction waiting 2017-05-26 16:05:21.506 PDT LOG: process 47462 still waiting for ShareLock on transaction 73322726 after 1000.816 ms
47462 idle in transaction waiting 2017-05-26 16:05:21.506 PDT DETAIL: Process holding the lock: 47457. Wait queue: 47462.
47462 idle in transaction waiting 2017-05-26 16:05:21.506 PDT LOG: process 47462 still waiting for ShareLock on transaction 73322726 after 1001.180 ms
47462 idle in transaction waiting 2017-05-26 16:05:21.506 PDT DETAIL: Process holding the lock: 47457. Wait queue: 47462.
47462 idle in transaction waiting 2017-05-26 16:05:21.507 PDT LOG: process 47462 still waiting for ShareLock on transaction 73322726 after 1001.284 ms
47462 idle in transaction waiting 2017-05-26 16:05:21.507 PDT DETAIL: Process holding the lock: 47457. Wait queue: 47462.
47462 idle in transaction waiting 2017-05-26 16:05:21.507 PDT LOG: process 47462 still waiting for ShareLock on transaction 73322726 after 1001.493 ms
.....
And so on out to "after 9616.814", when it finally acquires the lock.
The other process, 47457, is doing the initial COPY of another table as part of the same publisher/subscriber set.