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TENANT ORIGINATION AND ABSORPTION COSTS, ABOVE-MARKET LEASE ASSETS AND BELOW-MARKET LEASE LIABILITIES
 6 Months Ended
Jun. 30, 2020
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 June 30, 2020 and December 31, 2019, 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
 June 30, 2020December 31, 2019June 30, 2020December 31, 2019June 30, 2020December 31, 2019
Cost$28,778  $30,569  $3,499  $3,714  $(4,322) $(4,958) 
Accumulated Amortization(11,507) (10,223) (692) (741) 1,624  1,778  
Net Amount$17,271  $20,346  $2,807  $2,973  $(2,698) $(3,180) 
Increases (decreases) in net income as a result of amortization of the Company’s tenant origination and absorption costs, above-market lease assets and below-market lease liabilities for the three and six months ended June 30, 2020 and 2019 were as follows (in thousands):
 Tenant Origination and
Absorption Costs		Above-Market
Lease Assets		Below-Market
Lease Liabilities
 For the Three Months Ended June 30,For the Three Months Ended June 30,For the Three Months Ended June 30,
 202020192020201920202019
Amortization$(1,604) $(1,720) $(74) $(101) $213  $385  

 Tenant Origination and
Absorption Costs		Above-Market
Lease Assets		Below-Market
Lease Liabilities
 For the Six Months Ended June 30,For the Six Months Ended June 30,For the Six Months Ended June 30,
 202020192020201920202019
Amortization$(3,340) $(3,324) $(166) $(202) $482  $738  
Additionally, as of June 30, 2020 and December 31, 2019, 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 $0.7 million and $1.0 million, respectively. During both of the three and six months ended June 30, 2020 and 2019, the Company recorded amortization expense of $0.1 million and $0.3 million, respectively, related to tax abatement intangible assets. As of June 30, 2020, the tax abatement intangible assets had a remaining amortization period of 1.2 years.