Other Assets

Real Estate Mortgages Receivable

We provided mortgage financing totaling $7.7 million at 6.0% per annum in connection with our sale of three properties (18 buildings) in January 2013 in Dearborn, MI. In August 2018, we sold this real estate mortgage receivable for $5.7 million and recorded a loss of $2.1 million in interest and other income for the year ended December 31, 2018.

We also provided mortgage financing totaling $0.4 million at 6.0% per annum in connection with our sale of a property in Salina, NY in April 2012. In September 2017, we received a $0.3 million repayment, representing a settlement of the obligation, related to this real estate mortgage receivable and recorded a loss of $0.1 million in interest and other income for the year ended December 31, 2017.

As of December 31, 2017, we had total real estate mortgages receivable with an aggregate carrying value of $7.7 million included in other assets in our consolidated balance sheet. We monitored the payment history of the borrowers and determined that no allowance for losses related to the real estate mortgage receivable was necessary at December 31, 2017. As of December 31, 2018, we did not have any real estate mortgages receivable.

Deferred Financing Fees, Deferred Leasing Costs and Capitalized Lease Incentives

The following table summarizes our deferred financing fees related to our unsecured revolving credit facility included in other assets, deferred leasing costs and capitalized lease incentives as of December 31, 2018, and 2017 (in thousands):



	December 31,
	2018			2017
Deferred financing fees	$	—		$	14,458
Accumulated amortization	—			(12,709		)
Deferred financing fees, net	$	—		$	1,749

Deferred leasing costs	$	69,930		$	85,606
Accumulated amortization	(18,807		)	(22,067		)
Deferred leasing costs, net	$	51,123		$	63,539

Capitalized lease incentives	$	5,701		$	8,562
Accumulated amortization	(1,393		)	(2,054		)
Capitalized lease incentives, net	$	4,308		$	6,508

Future amortization of deferred leasing costs and capitalized lease incentives to be recognized by us during the current terms of our leases as of December 31, 2018 are approximately (in thousands):



	Deferred Leasing Costs		Capitalized Lease Incentives
2019	$	5,550	$	695
2020	5,812		583
2021	5,810		553
2022	5,126		425
2023	4,478		320
Thereafter	24,347		1,732
	$	51,123	$	4,308