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TENANT ORIGINATION AND ABSORPTION COSTS, ABOVE-MARKET LEASE ASSETS AND BELOW-MARKET LEASE LIABILITIES (Tables)
 12 Months Ended
Dec. 31, 2016
Tenant Origination and Absorption Costs, Above-Market Lease Assets and Below-Market Lease Liabilities [Abstract]  
Tenant Origination and Absorption Costs, Above-Market Lease Assets and Below-Market Lease Liabilities
As of December 31, 2016 and 2015, the Company’s tenant origination and absorption costs, above-market lease assets and below-market lease liabilities (excluding fully amortized assets and liabilities and accumulated amortization) were as follows (in thousands):
 
 
Tenant Origination and
Absorption Costs
 
Above-Market
Lease Assets
 
Below-Market
Lease Liabilities
 
 
December 31,
2016
 
December 31,
2015
 
December 31,
2016
 
December 31,
2015
 
December 31,
2016
 
December 31,
2015
Cost
 
$
48,964

 
$
43,894

 
$
1,877

 
$
2,399

 
$
(10,945
)
 
$
(5,826
)
Accumulated Amortization
 
(23,989
)
 
(22,749
)
 
(1,244
)
 
(1,361
)
 
4,394

 
3,091

Net Amount
 
$
24,975

 
$
21,145

 
$
633

 
$
1,038

 
$
(6,551
)
 
$
(2,735
)
Amortization of Tenant Origination and Absorption Costs, Above-Market Leases and Below-Market Lease Liabilities
Increases (decreases) in net income as a result of amortization of the Company’s tenant origination and absorption costs, above-market lease assets and below-market lease liabilities for the years ended December 31, 2016, 2015 and 2014 were as follows (in thousands):
 
 
Tenant Origination and
Absorption Costs
 
Above-Market
Lease Assets
 
Below-Market
Lease Liabilities
 
 
For the Years Ended December 31,
 
For the Years Ended December 31,
 
For the Years Ended December 31,
 
 
2016
 
2015
 
2014
 
2016
 
2015
 
2014
 
2016
 
2015
 
2014
Amortization
 
$
(10,850
)
 
$
(10,555
)
 
$
(15,020
)
 
$
(459
)
 
$
(1,023
)
 
$
(1,070
)
 
$
2,789

 
$
1,668

 
$
2,409
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense
The remaining unamortized balance for these outstanding intangible assets and liabilities as of December 31, 2016 will be amortized for the years ending December 31 as follows (in thousands):
 
 
Tenant Origination and
Absorption Costs
 
Above-Market
Lease Assets
 
Below-Market
Lease Liabilities
2017
 
$
(9,614
)
 
$
(296
)
 
$
3,501

2018
 
(6,014
)
 
(139
)
 
1,558

2019
 
(3,835
)
 
(89
)
 
751

2020
 
(2,423
)
 
(65
)
 
501

2021
 
(1,484
)
 
(44
)
 
178

Thereafter
 
(1,605
)
 
—

 
62

 
 
$
(24,975
)
 
$
(633
)
 
$
6,551

Weighted-Average Remaining Amortization Period
 
3.8 years
 
3.1 years
 
2.6 years