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TENANT ORIGINATION AND ABSORPTION COSTS AND TENANT RELATIONSHIP
 12 Months Ended
Dec. 31, 2013
TENANT ORIGINATION AND ABSORPTION COSTS AND TENANT RELATIONSHIP [Abstract]  
Tenant Origination and Absorption Costs and Tenant Relationship
TENANT ORIGINATION AND ABSORPTION COSTS AND TENANT RELATIONSHIP ASSETS
As of December 31, 2013 and 2012, the Company’s tenant origination and absorption costs and tenant relationship assets were as follows (in thousands):
 
  
Tenant Origination and Absorption Costs
 
Tenant Relationship
 
 
December 31,
 
 
2013
 
2012
 
2013
 
2012
Cost
  
$
8,884

 
$
6,688

 
$
1,900

 
$
1,551

Accumulated amortization
  
(837
)
 
(344
)
 
(106
)
 
(38
)
 
  
 
 
 
 
 
 
 
Net amount
  
$
8,047

 
$
6,344

 
$
1,794

 
$
1,513


Decreases in net income as a result of amortization of the Company’s tenant origination and absorption costs and tenant relationship assets for the years ended December 31, 2013 and 2012 are as follows (in thousands): 
 
 
Tenant Origination and Absorption Costs
 
Tenant Relationship
 
 
For the Year Ended December 31,
 
 
2013
 
2012
 
2013
 
2012
 
  
 
 
 
 
 
 
 
Amortization
  
$
(493
)
 
$
(269
)
 
$
(68
)
 
$
(31
)

 The remaining unamortized balance for these outstanding intangible assets and liabilities as of December 31, 2013 will be amortized for the years ending December 31 as follows (dollars in thousands):
 
 
Tenant Origination and Absorption Costs
 
Tenant Relationship
 
 
  

 
 
2014
 
$
591

 
$
79

2015
 
591

 
79

2016
 
591

 
79

2017
 
591

 
79

2018
 
591

 
79

Thereafter
 
5,092

 
1,399

 
 
 
 
 
 
 
$
8,047

 
$
1,794

 
 
  
 
 
Weighted-Average Remaining Amortization Period
 
14.8 years

 
23.3 years