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TENANT ORIGINATION AND ABSORPTION COSTS, ABOVE-MARKET LEASE ASSETS AND BELOW-MARKET LEASE LIABILITIES (Tables)
6 Months Ended
Jun. 30, 2020
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 June 30, 2020 and December 31, 2019, 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
 June 30, 2020December 31, 2019June 30, 2020December 31, 2019June 30, 2020December 31, 2019
Cost$86,392  $95,808  $1,146  $2,661  $(24,822) $(25,630) 
Accumulated Amortization(53,697) (56,886) (645) (2,095) 16,475  15,781  
Net Amount$32,695  $38,922  $501  $566  $(8,347) $(9,849) 
Amortization of Tenant Origination and Absorption Costs, Above-Market Leases and Below-Market Lease Liabilities
Increases (decreases) in net income as a result of amortization of the Company’s tenant origination and absorption costs, above-market lease assets and below-market lease liabilities for the three and six months ended June 30, 2020 and 2019 were as follows (in thousands):
 Tenant Origination and
Absorption Costs
Above-Market
Lease Assets
Below-Market
Lease Liabilities
For the Three Months Ended June 30,For the Three Months Ended June 30,For the Three Months Ended June 30,
202020192020201920202019
Amortization$(2,518) $(7,209) $(28) $(347) $742  $1,499  


Tenant Origination and
Absorption Costs
Above-Market
Lease Assets
Below-Market
Lease Liabilities
For the Six Months Ended June 30,For the Six Months Ended June 30,For the Six Months Ended June 30,
202020192020201920202019
Amortization$(5,293) $(14,419) $(65) $(724) $1,502  $2,824