Quarterly report pursuant to Section 13 or 15(d)

Deferred Costs (Tables)

v3.19.2
Deferred Costs (Tables)
6 Months Ended
Jun. 30, 2019
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
Schedule of details of deferred costs, net of amortization and other assets
Deferred costs, net of amortization and other assets are as follows (in thousands):
 
June 30, 2019
 
December 31, 2018
 
(unaudited)
 
 
Leases in place, net
$
18,158

 
$
21,785

Tenant relationships, net
2,809

 
3,764

Ground lease sandwich interest, net
2,352

 
2,488

Lease origination costs, net
1,240

 
1,261

Legal and marketing costs, net
51

 
59

Other
1,071

 
716

    Total deferred costs and other assets, net
$
25,681

 
$
30,073

Schedule of future amortization of lease origination costs, financing costs and in place leases
Future amortization of lease origination costs, leases in place, legal and marketing costs, tenant relationships, and ground lease sandwich interests is as follows (in thousands, unaudited):
 
Leases In
Place, net
 
Tenant
Relationships, net
 
Ground Lease Sandwich Interest, net
 
 Lease
Origination
Costs, net
 
Legal &
Marketing
Costs, net
 
Total
For the remaining six months ending December 31, 2019
$
2,839

 
$
629

 
$
137

 
$
114

 
$
6

 
$
3,725

For the years ending:
 
 
 
 
 
 
 
 
 
 
 
December 31, 2020
4,533

 
861

 
274

 
194

 
11

 
5,873

December 31, 2021
2,833

 
449

 
274

 
180

 
9

 
3,745

December 31, 2022
2,166

 
355

 
274

 
139

 
6

 
2,940

December 31, 2023
1,684

 
228

 
274

 
121

 
6

 
2,313

December 31, 2024
1,171

 
129

 
274

 
106

 
3

 
1,683

Thereafter
2,932

 
158

 
845

 
386

 
10

 
4,331

 
$
18,158

 
$
2,809

 
$
2,352

 
$
1,240

 
$
51

 
$
24,610