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TENANT ORIGINATION AND ABSORPTION COSTS AND TENANT RELATIONSHIP ASSETS (Tables)
 12 Months Ended
Dec. 31, 2015
TENANT ORIGINATION AND ABSORPTION COSTS AND TENANT RELATIONSHIP [Abstract]  
Schedule of Tenant Origination and Absorption Costs and Tenant Relationship Assets
As of December 31, 2015 and 2014, 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,
 
 
2015
 
2014
 
2015
 
2014
Cost
  
$
24,492

 
$
17,621

 
$
7,269

 
$
5,341

Accumulated amortization
  
(4,215
)
 
(1,576
)
 
(679
)
 
(225
)
 
  
 
 
 
 
 
 
 
Net amount
  
$
20,277

 
$
16,045

 
$
6,590

 
$
5,116
Schedule of Decrease in Net Income as a Result of Amortization
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, 2015, 2014 and 2013 are as follows (in thousands): 
 
 
Tenant Origination and Absorption Costs
 
Tenant Relationship
 
 
For the Year Ended December 31,
 
 
2015
 
2014
 
2013
 
2015
 
2014
 
2013
 
  
 
 
 
 
 
 
 
 
 
 
 
Amortization
  
$
(2,729
)
 
$
(1,109
)
 
$
(493
)
 
$
(466
)
 
$
(192
)
 
$
(68
)
Schedule of Unamortized Balance for Outstanding Intangible Assets and Liabilities
The remaining unamortized balance for these outstanding intangible assets and liabilities as of December 31, 2015 will be amortized for the years ending December 31 as follows (dollars in thousands):
 
 
Tenant Origination and Absorption Costs
 
Tenant Relationship
 
 
  

 
 
2016
 
$
2,410

 
$
411

2017
 
1,762

 
306

2018
 
1,762

 
306

2019
 
1,762

 
306

2020
 
1,762

 
306

Thereafter
 
10,819

 
4,955

 
 
 
 
 
 
 
$
20,277

 
$
6,590

 
 
  
 
 
Weighted-Average Remaining Amortization Period
 
12.1 years

 
21.9 years