Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2018

Depreciation expense is computed using the straight-line method based on the following useful lives:



	Years
Buildings and Improvements	7 to 50
Land Improvements	5 to 20
Furniture, Fixtures and Equipment	3 to 10
Tenant Improvements	Lease Term

Summary of Deferred Leasing Intangibles

Deferred leasing intangibles, net of accumulated amortization, included in our total assets and total liabilities consist of the following:



	December 31, 2018		December 31, 2017
In-Place Leases	$	19,971	$	19,921
Above Market Leases	2,569		2,298
Below Market Ground Lease Obligation	1,643		1,688
Tenant Relationships	5,495		6,574
Total Included in Total Assets, Net of $26,337 and $29,604 of Accumulated Amortization	$	29,678	$	30,481
Below Market Leases	$	9,560	$	10,355
Total Included in Total Liabilities, Net of $11,356 and $10,578 of Accumulated Amortization	$	9,560	$	10,355

Future Amortization Expense Related to Deferred Leasing Intangibles

We will recognize net amortization expense related to deferred leasing intangibles over the next five years, for properties owned as of December 31, 2018 as follows:



	Estimated Amortization of In-Place Leases and Tenant Relationships		Estimated Net Increase to Rental Revenues Related to Above and Below Market Leases
2019	$	5,779	$	1,048
2020	$	4,988	$	943
2021	$	3,391	$	808
2022	$	3,013	$	784
2023	$	2,615	$	533

Restrictions on Cash and Cash Equivalents

The following table presents a reconciliation of cash, cash equivalents and restricted cash reported within our Consolidated Balance Sheets to amounts reported within our Consolidated Statements of Cash Flows for the years ended December 31, 2018 and 2017:



	2018		2017
Cash and Cash Equivalents	$	43,102	$	21,146
Restricted Cash	7,271		25,336
Total Cash, Cash Equivalents and Restricted Cash	$	50,373	$	46,482