| 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):
|
|
|
|
|
|
|
|
|
|
September 30, 2019 |
|
December 31, 2018 |
|
(unaudited) |
|
|
Leases in place, net |
$ |
16,530 |
|
|
$ |
21,785 |
|
Tenant relationships, net |
2,481 |
|
|
3,764 |
|
Ground lease sandwich interest, net |
2,283 |
|
|
2,488 |
|
Lease origination costs, net |
1,166 |
|
|
1,261 |
|
Legal and marketing costs, net |
48 |
|
|
59 |
|
Other |
749 |
|
|
716 |
|
Total deferred costs and other assets, net |
$ |
23,257 |
|
|
$ |
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 three months ending December 31, 2019 |
$ |
1,358 |
|
|
$ |
308 |
|
|
$ |
68 |
|
|
$ |
54 |
|
|
$ |
3 |
|
|
$ |
1,791 |
|
For the years ending: |
|
|
|
|
|
|
|
|
|
|
|
December 31, 2020 |
4,506 |
|
|
860 |
|
|
274 |
|
|
187 |
|
|
11 |
|
|
5,838 |
|
December 31, 2021 |
2,810 |
|
|
448 |
|
|
274 |
|
|
174 |
|
|
9 |
|
|
3,715 |
|
December 31, 2022 |
2,142 |
|
|
354 |
|
|
274 |
|
|
132 |
|
|
6 |
|
|
2,908 |
|
December 31, 2023 |
1,661 |
|
|
227 |
|
|
274 |
|
|
115 |
|
|
6 |
|
|
2,283 |
|
December 31, 2024 |
1,147 |
|
|
128 |
|
|
274 |
|
|
100 |
|
|
3 |
|
|
1,652 |
|
Thereafter |
2,906 |
|
|
156 |
|
|
845 |
|
|
404 |
|
|
10 |
|
|
4,321 |
|
|
$ |
16,530 |
|
|
$ |
2,481 |
|
|
$ |
2,283 |
|
|
$ |
1,166 |
|
|
$ |
48 |
|
|
$ |
22,508 |
|
|