Significant Accounting Policies (Tables)

3 Months Ended

Mar. 31, 2020

Accounting Policies [Abstract]

Schedule of intangible assets and liabilities

As of March 31, 2020 and December 31, 2019, the Company’s intangible assets and liabilities, including properties held for sale (if any), consisted of the following (dollars in thousands):

	March 31, 2020						December 31, 2019
	Gross		Accumulated Amortization		Net		Gross		Accumulated Amortization		Net
In-place leases	$	85,555	$	(61,847)	$	23,708	$	84,425	$	(59,504)	$	24,921
Above-market leases	4,169		(3,909)		260		4,169		(3,853)		316
Below-market leases	(44,598)		17,417		(27,181)		(44,099)		15,972		(28,127)
Total	$	45,126	$	(48,339)	$	(3,213)	$	44,495	$	(47,385)	$	(2,890)

Schedule of depreciation and useful lives of real estate and intangible assets

The following table reflects the standard depreciable lives typically used to compute depreciation and amortization. However, such depreciable lives may be different based on the estimated useful life of such assets or liabilities.

Description	Standard Depreciable Life
Land	Not depreciated
Building	40 years
Building Improvements	5-40 years
Tenant Improvements	Shorter of lease term or useful life
Leasing Costs	Lease term
In-place Leases	Lease term
Above/Below-Market Leases	Lease term

Schedule of cash and cash equivalents and restricted cash

The following summarizes the reconciliation of cash and cash equivalents and restricted cash as presented in the accompanying consolidated statements of cash flows (dollars in thousands):

	For the Three Months Ended March 31,
	2020		2019
Beginning
Cash and cash equivalents at beginning of period	$	110,082	$	31,004
Restricted cash	2,657		3,475
Cash and cash equivalents and restricted cash	112,739		34,479
Ending
Cash and cash equivalents at end of period	69,733		59,750
Restricted cash	297		2,630
Cash and cash equivalents and restricted cash	70,030		62,380
Net (decrease) increase in cash and cash equivalents and restricted cash	$	(42,709)	$	27,901

Schedule of cash and cash equivalents and restricted cash

The following summarizes the reconciliation of cash and cash equivalents and restricted cash as presented in the accompanying consolidated statements of cash flows (dollars in thousands):

	For the Three Months Ended March 31,
	2020		2019
Beginning
Cash and cash equivalents at beginning of period	$	110,082	$	31,004
Restricted cash	2,657		3,475
Cash and cash equivalents and restricted cash	112,739		34,479
Ending
Cash and cash equivalents at end of period	69,733		59,750
Restricted cash	297		2,630
Cash and cash equivalents and restricted cash	70,030		62,380
Net (decrease) increase in cash and cash equivalents and restricted cash	$	(42,709)	$	27,901