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INTANGIBLES (Tables)
12 Months Ended
Dec. 31, 2019
INTANGIBLES  
Summary of intangible assets and liabilities

The following table summarizes the Company’s intangible assets and liabilities:
 
 
As of December 31, 2019
 
As of December 31, 2018
 
 
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

 
$
25,028

 
$

 
$
25,028

Goodwill
 
1,307

 

 
1,307

 
1,307

 

 
1,307

Other intangibles
 
10,278

 
(3,338
)
 
6,940

 
10,278

 
(2,658
)
 
7,620

 
 
 
 
 
 
 
 
 
 
 
 
 
Tenant leases:
 
 
 
 
 
 
 
 
 
 
 
 
In-place value
 
66,606

 
(12,135
)
 
54,471

 
19,966

 
(13,427
)
 
6,539

Above-market
 
2,247

 
(1,691
)
 
556

 
3,313

 
(2,269
)
 
1,044

Below-market
 
(7,008
)
 
4,912

 
(2,096
)
 
(7,326
)
 
3,140

 
(4,186
)
 
 
 
 
 
 
 
 
 
 
 
 
 
Ground leases:
 
 
 
 
 
 
 
 
 
 
 
 
Below-market
 

 

 

 
23,096

 
(4,800
)
 
18,296

 
 
 
 
 
 
 
 
 
 
 
 
 
Total indefinite lived intangibles
 
 
 
 
 
$
26,335

 
 
 
 
 
$
26,335

Total amortizing intangibles
 
 
 
 
 
$
59,871

 
 
 
 
 
$
29,313