Quarterly report pursuant to Section 13 or 15(d)

Deferred Costs (Tables)

v3.20.2
Deferred Costs (Tables)
9 Months Ended
Sep. 30, 2020
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
Schedule of details of deferred costs, net of amortization and other assets
Deferred costs and other assets, net of amortization are as follows (in thousands):
September 30, 2020 December 31, 2019
(unaudited)  
Leases in place, net $ 11,186  $ 14,968 
Ground lease sandwich interest, net 2,009  2,215 
Tenant relationships, net 1,444  2,173 
Lease origination costs, net 1,150  1,038 
Legal and marketing costs, net 26  43 
Other 1,083  588 
    Total deferred costs and other assets, net $ 16,898  $ 21,025 
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
Ground Lease Sandwich Interest, net Tenant
Relationships, net
 Lease
Origination
Costs, net
Legal &
Marketing
Costs, net
Total
For the remaining three months ending December 31, 2020 $ 887  $ 68  $ 136  $ 53  $ $ 1,148 
December 31, 2021 2,721  274  444  188  3,635 
December 31, 2022 2,112  274  354  146  2,892 
December 31, 2023 1,634  274  227  128  2,268 
December 31, 2024 1,121  274  128  113  1,639 
December 31, 2025 796  274  62  90  —  1,222 
Thereafter 1,915  571  93  432  —  3,011 
$ 11,186  $ 2,009  $ 1,444  $ 1,150  $ 26  $ 15,815