| 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):
|
|
|
|
|
|
|
|
|
|
|
|
|
March 31, 2021 |
|
December 31, 2020 |
|
(unaudited) |
|
|
| Leases in place, net |
$ |
9,491 |
|
|
$ |
10,233 |
|
| Ground lease sandwich interest, net |
1,872 |
|
|
1,941 |
|
| Lease origination costs, net |
1,336 |
|
|
1,334 |
|
| Tenant relationships, net |
1,182 |
|
|
1,308 |
|
| Legal and marketing costs, net |
20 |
|
|
22 |
|
| Other |
1,846 |
|
|
592 |
|
| Total deferred costs and other assets, net |
$ |
15,747 |
|
|
$ |
15,430 |
|
|
| Schedule of future amortization of lease origination costs, financing costs and in place leases |
Future amortization of leases in place, ground lease sandwich interest, lease origination costs, tenant relationships, and legal and marketing costs is as follows (in thousands, unaudited):
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Leases In
Place, net |
|
Ground Lease Sandwich Interest, net |
|
Lease
Origination
Costs, net |
|
Tenant
Relationships, net |
|
Legal &
Marketing
Costs, net |
|
Total |
| For the remaining nine months ending December 31, 2021 |
$ |
1,925 |
|
|
$ |
205 |
|
|
$ |
173 |
|
|
$ |
318 |
|
|
$ |
6 |
|
|
$ |
2,627 |
|
| December 31, 2022 |
2,109 |
|
|
274 |
|
|
188 |
|
|
354 |
|
|
6 |
|
|
2,931 |
|
| December 31, 2023 |
1,632 |
|
|
274 |
|
|
170 |
|
|
227 |
|
|
5 |
|
|
2,308 |
|
| December 31, 2024 |
1,119 |
|
|
274 |
|
|
152 |
|
|
128 |
|
|
3 |
|
|
1,676 |
|
| December 31, 2025 |
794 |
|
|
274 |
|
|
120 |
|
|
62 |
|
|
— |
|
|
1,250 |
|
| December 31, 2026 |
422 |
|
|
274 |
|
|
102 |
|
|
11 |
|
|
— |
|
|
809 |
|
| Thereafter |
1,490 |
|
|
297 |
|
|
431 |
|
|
82 |
|
|
— |
|
|
2,300 |
|
|
$ |
9,491 |
|
|
$ |
1,872 |
|
|
$ |
1,336 |
|
|
$ |
1,182 |
|
|
$ |
20 |
|
|
$ |
13,901 |
|
|