LEASE INTANGIBLES AND BELOW-MARKET LEASE LIABILITIES

3 Months Ended

Mar. 31, 2021

Finite-Lived Intangible Assets, Net [Abstract]

ACQUIRED LEASE INTANGIBLES AND BELOW-MARKET LEASE LIABILITIES

LEASE INTANGIBLES AND BELOW-MARKET LEASE LIABILITIES, NET

As of March 31, 2021 and December 31, 2020, the Company’s acquired lease intangibles and below-market lease liabilities, excluding intangibles and below-market lease liabilities classified as held for sale, were as follows (amounts in thousands):

	Lease Intangibles				Below-Market Lease Liabilities
	March 31, 2021		December 31, 2020		March 31, 2021		December 31, 2020
Cost	$	1,948	$	1,892	$	(389)	$	(389)
Accumulated amortization	(765)		(716)		151		142
Total	$	1,183	$	1,176	$	(238)	$	(247)

The Company’s amortization of lease intangibles and below-market lease liabilities for the three months ended March 31, 2021 and 2020, were as follows (amounts in thousands): 

	Lease Intangibles				Below-Market Lease Liabilities
	Three Months Ended March 31,				Three Months Ended March 31,
	2021		2020		2021		2020
Amortization	$	(49)	$	(63)	$	9	$	15