| Details of Deferred Costs, Net of Amortization and Other Assets |
Details of these deferred costs, net of amortization and other
assets are as follows:
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December 31,
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2013 |
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2012 |
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Lease origination costs, net
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$ |
3,720,812 |
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$ |
1,941,457 |
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Leases in place, net
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8,754,154 |
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2,916,084 |
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Financing costs, net
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3,110,904 |
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779,969 |
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Property escrows
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2,151,755 |
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253,969 |
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Legal and marketing costs, net
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203,819 |
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260,146 |
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Tenant relationships
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2,372,600 |
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— |
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Other
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533,940 |
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376,281 |
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Total Deferred Costs and Other Assets, net
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$ |
20,847,984 |
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$ |
6,527,906 |
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| Future Amortization of Lease Origination Costs, Financing Costs and in Place Leases |
Future amortization of lease origination costs, leases in place,
financing costs, legal and marketing costs and tenant relationships
is as follows:
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For the Years Ending
December 31,
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Lease
Origination
Costs
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Leases
In Place
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Financing
Costs
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Legal &
Marketing
Costs
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Tenant
Relationships
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2014
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$ |
476,589 |
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$ |
2,317,788 |
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$ |
746,912 |
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$ |
49,890 |
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$ |
978,098 |
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2015
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438,146 |
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1,846,242 |
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725,155 |
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35,381 |
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710,773 |
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2016
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399,520 |
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1,311,656 |
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432,337 |
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29,660 |
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406,888 |
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2017
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353,904 |
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931,557 |
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313,130 |
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22,261 |
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222,010 |
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2018
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271,049 |
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442,912 |
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277,691 |
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16,483 |
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40,523 |
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Thereafter
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1,781,604 |
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1,903,999 |
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615,679 |
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50,144 |
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14,308 |
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$ |
3,720,812 |
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$ |
8,754,154 |
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$ |
3,110,904 |
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$ |
203,819 |
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$ |
2,372,600 |
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