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TENANT ORIGINATION AND ABSORPTION COSTS, ABOVE-MARKET LEASE ASSETS AND BELOW-MARKET LEASE LIABILITIES
 12 Months Ended
Dec. 31, 2019
Tenant Origination and Absorption Costs, Above-Market Lease Assets and Below-Market Lease Liabilities [Abstract]  
TENANT ORIGINATION AND ABSORPTION COSTS, ABOVE-MARKET LEASE ASSETS AND BELOW-MARKET LEASE LIABILITIES TENANT ORIGINATION AND ABSORPTION COSTS, ABOVE-MARKET LEASE ASSETS AND BELOW-MARKET LEASE LIABILITIES
As of December 31, 2019 and 2018, the Company’s tenant origination and absorption costs, above-market lease assets and below-market lease liabilities (excluding fully amortized assets and liabilities and accumulated amortization) were as follows (in thousands):
 Tenant Origination and
Absorption Costs		Above-Market
Lease Assets		Below-Market
Lease Liabilities
 December 31, 2019December 31, 2018December 31, 2019December 31, 2018December 31, 2019December 31, 2018
Cost$30,569  $22,472  $3,714  $3,714  $(4,958) $(4,406) 
Accumulated Amortization(10,223) (5,255) (741) (337) 1,778  878  
Net Amount$20,346  $17,217  $2,973  $3,377  $(3,180) $(3,528) 
Increases (decreases) in net income as a result of amortization of the Company’s tenant origination and absorption costs, above-market lease assets and below-market lease liabilities for the years ended December 31, 2019, 2018 and 2017 were as follows (in thousands):
 Tenant Origination and
Absorption Costs		Above-Market
Lease Assets		Below-Market
Lease Liabilities
For the Years Ended December 31,For the Years Ended December 31,For the Years Ended December 31,
 201920182017201920182017201920182017
Amortization$(7,036) $(7,895) $(10,265) $(404) $(361) $(283) $1,495  $1,513  $2,858  
The remaining unamortized balance for these outstanding intangible assets and liabilities as of December 31, 2019 will be amortized for the years ending December 31 as follows (in thousands):
Tenant Origination and
Absorption Costs		Above-Market
Lease Assets		Below-Market
Lease Liabilities
2020$(6,470) $(315) $866  
2021(4,226) (297) 560  
2022(3,104) (297) 507  
2023(2,106) (297) 416  
2024(1,745) (297) 407  
Thereafter(2,695) (1,470) 424  
$(20,346) $(2,973) $3,180  
Weighted-Average Remaining Amortization Period4.8 years10.5 years5.1 years
Additionally, as of December 31, 2019 and 2018, the Company had recorded tax abatement intangible assets, net of amortization, on real estate held for investment, which are included in prepaid expenses and other assets in the accompanying balance sheets, of $1.0 million and $1.6 million, respectively. During each of the years ended December 31, 2019, 2018 and 2017, the Company recorded amortization expense of $0.6 million, $1.0 million, and $1.0 million related to tax abatement intangible assets, respectively. As of December 31, 2019, the tax abatement intangible assets had a remaining amortization period of 1.7 years.