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Identified Intangible Assets, Net (Tables)
12 Months Ended
Dec. 31, 2018
Finite-Lived Intangible Assets, Net [Abstract]  
Schedule of Finite-Lived Intangible Assets
Identified intangible assets, net consisted of the following as of December 31, 2018 and 2017:
 
December 31,
 
2018
 
2017
Amortized intangible assets:
 
 
 
In-place leases, net of accumulated amortization of $11,299,000 and $5,832,000 as of December 31, 2018 and 2017, respectively (with a weighted average remaining life of 10.3 years and 7.3 years as of December 31, 2018 and 2017, respectively)
$
67,332,000

 
$
37,766,000

Leasehold interests, net of accumulated amortization of $217,000 and $119,000 as of December 31, 2018 and 2017, respectively (with a weighted average remaining life of 69.1 years and 70.6 years as of December 31, 2018 and 2017, respectively)
6,288,000

 
6,292,000

Above-market leases, net of accumulated amortization of $323,000 and $173,000 as of December 31, 2018 and 2017, respectively (with a weighted average remaining life of 4.5 years and 5.6 years as of December 31, 2018 and 2017, respectively)
755,000

 
763,000

Unamortized intangible assets:
 
 
 
Certificates of need
348,000

 

Total
$
74,723,000

 
$
44,821,000

Amortization expense on identified intangible assets
As of December 31, 2018, estimated amortization expense on the identified intangible assets for each of the next five years ending December 31 and thereafter was as follows:
Year
 
Amount
2019
 
$
10,464,000

2020
 
8,549,000

2021
 
7,680,000

2022
 
6,708,000

2023
 
5,716,000

Thereafter
 
35,258,000

Total
 
$
74,375,000