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Acquired In-Place Leases and Above/Below Market Leases (Tables)
12 Months Ended
Dec. 31, 2018
Leases [Abstract]  
Schedule of acquired lease intangibles included in other assets and other liabilities
Increases (decreases) in net income as a result of amortization of our in-place leases, above market leases and below market leases are as follows (in thousands): 
    
 
Year Ended December 31,
  
2018
 
2017
 
2016
Amortization of in-place leases
$
(2,090
)
 
$
(8,769
)
 
$
(4,029
)
Amortization of above market leases
(660
)
 
(934
)
 
(1,248
)
Amortization of below market leases
4,230

 
4,239

 
4,719

Net income (loss)
$
1,480

 
$
(5,464
)
 
$
(558
)
The following summarizes our acquired lease intangibles, which are included in other assets and other liabilities and deferred credits (in thousands):
    
 
December 31, 2018
 
December 31, 2017
In-place leases
$
40,884

 
$
54,206

Accumulated amortization
(34,603
)
 
(45,835
)
Above market leases
11,963

 
21,262

Accumulated amortization
(11,445
)
 
(20,084
)
Acquired lease intangible assets, net
$
6,799

 
$
9,549

Below market leases
$
63,172

 
$
67,423

Accumulated accretion
(37,220
)
 
(37,241
)
Acquired lease intangible liabilities, net
$
25,952

 
$
30,182

Future Amortization for Acquired In-Place Leases
As of December 31, 2018, the amortization for acquired leases during the next five years and thereafter, assuming no early lease terminations, is as follows (in thousands): 
    
 
In-Place
Leases
 
Above Market
Leases
 
Below Market
Leases
Year Ending December 31,
 
 
 
 
 
2019
$
1,620

 
$
339

 
$
3,478

2020
1,053

 
58

 
2,647

2021
719

 
28

 
2,414

2022
632

 
28

 
2,242

2023
539

 
27

 
2,073

Thereafter
1,718

 
38

 
13,098

 
$
6,281

 
$
518

 
$
25,952