OTHER INTANGIBLE ASSETS (Tables)

9 Months Ended

Sep. 30, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Intangible Assets and Liabilities and Related Accumulated Amortization and Accretion

A schedule of our intangible assets and liabilities and related accumulated amortization and accretion as of September 30, 2020 and December 31, 2019 is as follows:

	Assets						Liabilities
September 30, 2020	Acquired Above-Market Leases		Acquired In-Place Leases		Trade Name and License		Acquired Below-Market Leases
	(in thousands)
Gross balance	$	37	$	12,135	$	2,957	$	(2,368)
Accumulated amortization	(13)		(8,911)		—		1,638
	$	24	$	3,224	$	2,957	$	(730)
Average useful life (in years)	7		9		Indefinite		4

	Assets						Liabilities
December 31, 2019	Acquired Above-Market Leases		Acquired In-Place Leases		Trade Name and License		Acquired Below-Market Leases
	(in thousands)
Gross balance	$	74	$	13,653	$	2,957	$	(3,521)
Accumulated amortization	(42)		(9,382)		—		2,239
	$	32	$	4,271	$	2,957	$	(1,282)
Average useful life (in years)	5		8		Indefinite		4

Schedule of Amortization of Acquired Leases

For the three and nine months ended September 30, 2020 and 2019, we recognized amortization related to our intangible assets and liabilities as follows:

	Three Months Ended September 30,				Nine Months Ended September 30,
	2020		2019		2020		2019
	(in thousands)
Acquired above-market lease amortization	$	1	$	17	$	8	$	59
Acquired in-place lease amortization	$	303	$	495	$	1,047	$	1,636
Acquired below-market lease amortization	$	150	$	376	$	552	$	1,310

Schedule of Future Amortization and Accretion of Acquired Intangible Assets and Liabilities

A schedule of future amortization and accretion of acquired intangible assets and liabilities as of September 30, 2020, is as follows:

	Assets				Liabilities
Years Ending December 31,	Acquired Above-Market Leases		Acquired In-Place Leases		Acquired Below-Market Leases
	(in thousands)
2020 (Three months ending December 31, 2020)	$	1	$	302	$	(149)
2021	5		899		(347)
2022	5		663		(234)
2023	6		375		—
2024	6		375		—
Thereafter	1		610		—
	$	24	$	3,224	$	(730)