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OTHER ASSETS (Tables)
12 Months Ended
Dec. 31, 2017
Schedule of Other Assets

Other assets consist of the following (in thousands):

 

 

 

December 31,

 

 

 

2017

 

 

2016

 

Debt issuance costs, less accumulated amortization of

   $2,711 and $1,633, respectively

 

$

2,518

 

 

$

3,526

 

Intangible lease value, less accumulated amortization

   of  $6,920 and $4,990, respectively

 

 

34,668

 

 

 

36,598

 

Other intangible assets, less accumulated amortization

   of $2,625 and $1,421, respectively

 

 

8,585

 

 

 

4,434

 

Deferred leasing costs

 

 

6,738

 

 

 

7,380

 

Cash equivalents and cash surrender value of life

   insurance held in Rabbi trust

 

 

13,537

 

 

 

13,110

 

Straight-line rent receivable

 

 

9,335

 

 

 

9,229

 

Other

 

 

13,337

 

 

 

8,725

 

 

 

$

88,718

 

 

$

83,002

 

 

Estimated Amortization Expense Related to Intangible Assets

As of December 31, 2017, the estimated amortization expense related to intangible assets for each of the next five years is as follows (in thousands):

 

2018

 

$

4,307

 

2019

 

 

4,014

 

2020

 

 

3,423

 

2021

 

 

2,562

 

2022

 

 

1,687