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Note 6 - Below-market Lease Intangibles
9 Months Ended
Sep. 30, 2017
Notes to Financial Statements  
Below Market Lease Intangibles Disclosure [Text Block]
6.
Below-Market Lease Intangibles
 
The
Company’s below-market lease intangibles liabilities are as follows:
 
   
September
30,
2017
   
December 31,
2016
 
   
(Unaudited)
   
 
 
 
Below-market leases
  $
23,178
    $
23,178
 
Less accumulated amortization
   
(17,656
)    
(16,316
)
Below-market leases, net
  $
5,522
    $
6,862
 
 
Rental income includes amortization of below-market leases of
$446
 and
$449
 for the
three
months ended
September 30, 2017
and
2016,
respectively, and
$1,340
and
$1,368
 for the
nine
months ended
September 30, 2017
and
2016,
respectively.
 
B
elow-market leases as of
September 30, 2017,
amortize in future years as follows:
 
2017
(Remainder)
  $
447
 
2018
   
1,787
 
2019
   
1,269
 
2020
   
489
 
2021
   
488
 
Thereafter
   
1,042
 
Total
  $
5,522