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Summary of Significant Accounting Policies (Tables)
9 Months Ended
Sep. 30, 2017
Summary of Significant Accounting Policies  
Schedule of useful lives of real estate investment assets

 

 

 

Buildings

    

27 to 40 years

Building improvements

 

1 to 10 years

Leasehold improvements

 

The shorter of the lease term or useful life of the asset

 

Schedule of deferred leasing costs, net of amortization

Deferred leasing costs are included within other assets in the condensed consolidated balance sheets and consisted of the following, net of amortization, as of September 30, 2017, and December 31, 2016 (in thousands):

 

 

 

 

 

 

 

 

 

 

 

September 30,

 

December 31,

 

 

    

2017

    

2016

 

Internal sales commissions

 

$

17,352

 

$

18,748

 

Third party commissions

 

 

12,104

 

 

13,643

 

External legal counsel

 

 

776

 

 

730

 

Total

 

$

30,232

 

$

33,121