Intangible Assets

6 Months Ended

Jun. 30, 2018

Goodwill and Intangible Assets Disclosure [Abstract]

INTANGIBLE ASSETS

INTANGIBLE ASSETS

Intangible assets on the balance sheets as of June 30, 2018 and December 31, 2017 were as follows (in thousands):

	June 30, 2018		December 31, 2017
In-place leases, net of accumulated amortization of $109,477 and $91,548 at June 30, 2018 and December 31, 2017, respectively	$	121,619	$	139,548
Above-market tenant leases, net of accumulated amortization of $16,424 and $13,038 at June 30, 2018 and December 31, 2017, respectively	23,531		26,917
Below-market ground lease, net of accumulated amortization of $483 and $345 at June 30, 2018 and December 31, 2017, respectively	17,929		18,067
Goodwill	1,674		1,674
	$	164,753	$	186,206

Goodwill did not change for the six months ended June 30, 2018 and 2017.