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Summary of Significant Accounting Policies Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2015

The table below details the current and deferred income tax benefit (expense) for the years ended December 31, 2015, 2014 and 2013 (in thousands):



	2015			2014			2013
Current state income tax expense	$	(899	)	$	(579	)	$	(522	)
Current foreign income tax	431			(493		)	—
Current foreign withholding tax	(1,107		)	(1,040		)	—
Deferred foreign withholding tax	(43		)	(320		)	(89		)
Deferred income tax benefit (expense)	1,136			(1,796		)	14,787
Income tax benefit (expense)	$	(482	)	$	(4,228	)	$	14,176

The Company’s consolidated deferred tax position is summarized as follows:



	2015			2014
Fixed assets	$	13,791		$	15,720
Net operating losses	2,249			2,880
Other	412			90
Less Valuation allowance	(1,779		)	(2,391		)
Total deferred tax assets	$	14,673		$	16,299

Straight line receivable	$	(2,731	)	$	(3,594	)
Other	(1,072		)	(850		)
Total deferred tax liabilities	$	(3,803	)	$	(4,444	)

Net deferred tax asset	$	10,870		$	11,855

Intangible assets (included in Other Assets in the accompanying consolidated balance sheets) consist of the following at December 31 (in thousands):



	2015		2014
In-place leases, net of accumulated amortization of $11.6 million and $12.1 million, respectively	$	7,273	$	6,951
Above market lease, net of accumulated amortization of $0.4 million and $0.2 million, respectively	670		862
Goodwill	693		693
Total intangible assets, net	$	8,636	$	8,506

Future amortization of in-place leases, net and above market lease, net at December 31, 2015 is as follows (in thousands):