| 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, 2020 |
|
December 31, 2019 |
|
(unaudited) |
|
|
Leases in place, net |
$ |
13,571 |
|
|
$ |
14,968 |
|
Ground lease sandwich interest, net |
2,146 |
|
|
2,215 |
|
Tenant relationships, net |
1,891 |
|
|
2,173 |
|
Lease origination costs, net |
971 |
|
|
1,038 |
|
Legal and marketing costs, net |
31 |
|
|
43 |
|
Other |
1,667 |
|
|
588 |
|
Total deferred costs and other assets, net |
$ |
20,277 |
|
|
$ |
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 nine months ending December 31, 2020 |
$ |
3,182 |
|
|
$ |
205 |
|
|
$ |
580 |
|
|
$ |
126 |
|
|
$ |
8 |
|
|
$ |
4,101 |
|
December 31, 2021 |
2,766 |
|
|
274 |
|
|
448 |
|
|
158 |
|
|
8 |
|
|
3,654 |
|
December 31, 2022 |
2,119 |
|
|
274 |
|
|
354 |
|
|
116 |
|
|
6 |
|
|
2,869 |
|
December 31, 2023 |
1,638 |
|
|
274 |
|
|
227 |
|
|
98 |
|
|
5 |
|
|
2,242 |
|
December 31, 2024 |
1,124 |
|
|
274 |
|
|
128 |
|
|
83 |
|
|
3 |
|
|
1,612 |
|
December 31, 2025 |
799 |
|
|
274 |
|
|
62 |
|
|
63 |
|
|
— |
|
|
1,198 |
|
Thereafter |
1,943 |
|
|
571 |
|
|
92 |
|
|
327 |
|
|
1 |
|
|
2,934 |
|
|
$ |
13,571 |
|
|
$ |
2,146 |
|
|
$ |
1,891 |
|
|
$ |
971 |
|
|
$ |
31 |
|
|
$ |
18,610 |
|
|