Intangible Assets

3 Months Ended

Mar. 31, 2018

Goodwill and Intangible Assets Disclosure [Abstract]

INTANGIBLE ASSETS

INTANGIBLE ASSETS

Intangible assets on the balance sheets as of March 31, 2018 and December 31, 2017 were as follows (in thousands):

	March 31, 2018		December 31, 2017
In-place leases, net of accumulated amortization of $100,818 and $91,548 at March 31, 2018 and December 31, 2017, respectively	$	130,277	$	139,548
Above-market tenant leases, net of accumulated amortization of $14,746 and $13,038 at March 31, 2018 and December 31, 2017, respectively	25,209		26,917
Below-market ground lease, net of accumulated amortization of $414 and $345 at March 31, 2018 and December 31, 2017, respectively	17,999		18,067
Goodwill	1,674		1,674
	$	175,159	$	186,206

Goodwill did not change for the three months ended March 31, 2018 and 2017.