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Acquired In-Place Leases and Above/Below Market Leases (Tables)
 12 Months Ended
Dec. 31, 2019
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,
  
2019
 
2018
 
2017
Amortization of in-place leases
$
(4,762
)
 
$
(2,090
)
 
$
(8,769
)
Amortization of above market leases
(345
)
 
(660
)
 
(934
)
Amortization of below market leases
4,131

 
4,230

 
4,239

Net income (loss)
$
(976
)
 
$
1,480

 
$
(5,464
)

The following summarizes our acquired lease intangibles, which are included in other assets and other liabilities and deferred credits (in thousands):
    
 
December 31, 2019
 
December 31, 2018
In-place leases
$
63,896

 
$
40,884

Accumulated amortization
(32,672
)
 
(34,603
)
Above market leases
7,534

 
11,963

Accumulated amortization
(7,351
)
 
(11,445
)
Acquired lease intangible assets, net
$
31,407

 
$
6,799

Below market leases
$
62,126

 
$
63,172

Accumulated accretion
(36,674
)
 
(37,220
)
Acquired lease intangible liabilities, net
$
25,452

 
$
25,952
Future Amortization for Acquired In-Place Leases
As of December 31, 2019, 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,
 
 
 
 
 
2020
$
4,903

 
$
62

 
$
3,382

2021
4,244

 
28

 
3,148

2022
3,589

 
28

 
2,579

2023
3,363

 
27

 
2,329

2024
3,178

 
24

 
2,038

Thereafter
11,947

 
14

 
11,976

 
$
31,224

 
$
183

 
$
25,452