INTANGIBLES (Tables)

12 Months Ended

Dec. 31, 2017

INTANGIBLES

Summary of intangible assets and liabilities

	As of December 31, 2017						As of December 31, 2016
	Gross		Accumulated		Net		Gross		Accumulated		Net
	Asset		(Amortization)		Carrying		Asset		(Amortization)		Carrying
(In thousands)	(Liability)		/ Accretion		Amount		(Liability)		/ Accretion		Amount
Intangible Assets:
Indefinite lived intangibles	$	25,028	$	—	$	25,028	$	—	$	—	$	—
Goodwill		1,307		—		1,307		1,307		—		1,307
Other intangibles		10,278		(1,812)		8,466		3,038		(299)		2,739
Tenant leases:
In-place value		22,304		(11,483)		10,821		37,567		(21,552)		16,015
Above-market		4,171		(2,523)		1,648		4,879		(2,422)		2,457
Below-market		(6,454)		2,688		(3,766)		(6,618)		2,065		(4,553)
Ground leases:
Above-market		(293)		—		(293)		(1,955)		193		(1,762)
Below-market		23,096		(4,449)		18,647		23,096		(4,110)		18,986
Total indefinite lived intangibles						26,335						1,307
Total amortizing intangibles						35,523						33,882