DEFERRED COSTS

12 Months Ended

Dec. 31, 2019

Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]

DEFERRED COSTS

6. DEFERRED COSTS

As of December 31, 2019 and 2018, the Company’s deferred costs were comprised of the following (in thousands):

	December 31, 2019
	Total Cost		Accumulated Amortization			Deferred Costs, net
Leasing costs	$	156,619	$	(63,257	)	$	93,362
Financing costs - Revolving Credit Facility	6,299		(4,101		)	2,198
Total	$	162,918	$	(67,358	)	$	95,560

	December 31, 2018
	Total Cost		Accumulated Amortization			Deferred Costs, net
Leasing costs	$	144,831	$	(56,846	)	$	87,985
Financing costs - Revolving Credit Facility	6,298		(3,208		)	3,090
Total	$	151,129	$	(60,054	)	$	91,075

During the years ended December 31, 2019, 2018 and 2017, the Company capitalized internal direct leasing costs of $1.7 million, $3.9 million, and $4.6 million, respectively.