Land Rights (Tables)

12 Months Ended

Dec. 31, 2018

Ground Leases, Net [Abstract]

Schedule of Land Rights, Net

Land rights net, consists of the following:

	December 31, 2018			December 31, 2017
	(in thousands)
Land rights	$	700,997		$	656,666
Less accumulated amortization	(27,790		)	(16,518		)
Land rights, net	$	673,207		$	640,148

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense

As of December 31, 2018, estimated future amortization expense related to the Company’s ground leases by fiscal year is as follows (in thousands):

Year ending December 31,
2019	$	12,359
2020	12,359
2021	12,359
2022	12,359
2023	12,359
Thereafter	611,412
Total	$	673,207