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Summary of Significant Accounting Policies (Tables)
3 Months Ended
Mar. 31, 2019
Deferred Financing Costs, Net of Accumulated Amortization

 

 

 

 

 

 

 

 

 

March 31,

 

December 31,

(dollars in thousands)

    

2019

    

2018

 

 

(unaudited)

 

 

 

 

 

 

 

 

 

 

Deferred financing costs

 

$

11,488

 

$

11,530

Accumulated amortization

 

 

(4,335)

 

 

(3,859)

Deferred financing costs, net

 

$

7,153

 

$

7,671

 

Deferred Leasing Costs, Net of Accumulated Amortization

 

 

 

 

 

 

 

 

 

March 31,

 

December 31,

(dollars in thousands)

    

2019

    

2018

 

 

(unaudited)

 

 

 

 

 

 

 

 

 

 

Deferred leasing costs

 

$

65,655

 

$

63,018

Accumulated amortization

 

 

(27,134)

 

 

(25,593)

Deferred leasing costs, net

 

$

38,521

 

$

37,425

 

Summary of impact of adoption of the lease standard on our condensed consolidated balance sheet

 

 

 

 

 

 

 

 

 

 

 

 

As Previously

 

New Lease Standard

 

 

 

 

Reported

 

Adjustment

 

As Adjusted

Operating lease right-of-use assets

 

$

 —

 

$

62,922

 

$

62,922

Operating lease liabilities

 

 

 —

 

 

70,657

 

 

70,657

Deferred rent payable

 

 

5,922

 

 

(5,922)

 

 

 —

 

Fixed debt arrangements  
Deferred Financing Costs, Net of Accumulated Amortization

 

 

 

 

 

 

 

 

 

March 31,

 

December 31,

(dollars in thousands)

    

2019

    

2018

 

 

(unaudited)

 

 

 

 

 

 

 

 

 

 

Deferred financing costs

 

$

14,641

 

$

14,501

Accumulated amortization

 

 

(3,446)

 

 

(2,944)

Deferred financing costs, net

 

$

11,195

 

$

11,557