Real Estate (Tables)

12 Months Ended

Dec. 31, 2019

Real Estate [Abstract]

Schedule of Real Estate Assets

The Company's real estate assets consisted of the following, in thousands:

	December 31,
	2019		2018
Land	$	145,050	$	145,050
Buildings and improvements	348,729		337,272
In-place lease value intangible	100,790		100,790
	594,569		583,112
Less accumulated depreciation and amortization	(117,652)		(89,840)
Total real estate assets	$	476,917	$	493,272

Schedule of Total In-place Lease Intangible Assets and Accumulated Amortization

The amount of total in-place lease intangible asset and the respective accumulated amortization are as follows, in thousands:

	December 31,
	2019		2018
In-place lease value intangible	$	100,790	$	100,790
Less: In-place leases – accumulated amortization	(68,884)		(57,989)
Acquired lease intangible assets, net	$	31,906	$	42,801

Aggregate Future Amortization Amounts From Acquired Lease Intangibles

The estimated aggregate future amortization amounts from acquired lease intangibles are as follows, in thousands:

December 31,	In-place lease amortization
2020	$	10,459
2021	8,410
2022	7,454
2023	5,583
2024	—
Total	$	31,906