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Intangible Assets (Tables)
6 Months Ended
Jun. 30, 2019
INTANGIBLE ASSETS [Abstract]  
Intangible Assets

 

Cost

 

Accumulated
Amortization

 

Net Book Value

 

Favorable lease terms December 31, 2017

$83,716 

$(75,636)

$8,080 

Additions

   

(3,748)

(3,748)

 

 

 

 

Favorable lease terms December 31, 2018

$83,716 

$(79,384)

$4,332 

Additions

   

(583)

(583)

 

 

 

 

Favorable lease terms June 30, 2019

$83,716 

$(79,967)

$3,749 

 

 

 

 

 

Amortization of Favorable Lease Terms

 

Three Month Period Ended

 

Six Month Period Ended

 

 

June 30,
2019

June 30,
2018

June 30,
2019

June 30,
2018

Favorable lease terms

$(291)

$(1,016)

$(583)

$(2,032)

 

 

 

 

 

Total

$(291)

$(1,016)

$(583)

$(2,032)

 

 

 

 

 

 

Aggregate Amortizations of Intangible Assets

Year

 

Amount

 

2020

1,166 

2021

1,166 

2022

1,166 

2023 and thereafter

251 

 

 

Total

$3,749