Deferred Costs

12 Months Ended

Dec. 31, 2018

Deferred Costs Capitalized Prepaid And Other Assets Disclosure [Abstract]

DEFERRED COSTS

5. DEFERRED COSTS

As of December 31, 2018 and 2017, the Company’s deferred costs (assets) were comprised of the following (in thousands):

	December 31, 2018
	Total Cost		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

	December 31, 2017
	Total Cost		Accumulated Amortization			Deferred Costs, net
Leasing costs	$	154,481	$	(59,046	)	$	95,435
Financing costs - Revolving Credit Facility		3,595		(2,335	)		1,260
Total	$	158,076	$	(61,381	)	$	96,695

During the years ended December 31, 2018, 2017 and 2016, the Company capitalized internal direct leasing costs of $3.9 million, $4.6 million and $5.0 million, respectively, in accordance with the accounting standard for the capitalization of leasing costs.