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Intangible Assets (Tables)
12 Months Ended
Dec. 31, 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

 

(1,166)

(1,166)

Favorable lease terms December 31, 2019

$83,716 

  $         (80,550)

   $                3,166 

 

Amortization of Favorable Lease Terms

 

Year Ended

 

 

December 31,
2019

 

December 31,
2018

 

December 31,
2017

 

Favorable lease terms

$(1,166)

$(3,748)

$(10,872)

 

 

 

 

Total

$(1,166)

$(3,748)

$(10,872)

 

 

 

 

 

Aggregate Amortizations of Intangible Assets

Year

 

Amount

 

2020

1,166 

2021

1,166 

2022

834 

 

 

Total

$3,166