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Deferred Costs and Other Intangibles, Net
9 Months Ended
Sep. 30, 2017
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
Deferred Costs and Other Intangibles, Net
Deferred Costs and Other Intangibles, Net
 
Deferred costs and other intangibles, net, consisted of the following as of September 30, 2017, and December 31, 2016 (in thousands):
 
September 30, 2017
 
December 31, 2016
Deferred leasing costs
$
12,831

 
$
7,470

Deferred financing costs
11,244

 
6,552

Intangible assets:
 

 
 

Value of in-place leases
4,623

 
4,739

Trademark
3,100

 
3,100

Database
2,100

 
2,100

 
33,898

 
23,961

Less: accumulated amortization
(20,382
)
 
(12,005
)
Total
$
13,516

 
$
11,956



Amortization expense related to deferred leasing costs, the value of in-place leases, trademark and database was $2.1 million and $6.9 million for the three months ended September 30, 2017 and 2016, respectively, and $7.2 million and $26.7 million for the nine months ended September 30, 2017 and 2016, respectively, which has been included in depreciation and amortization within the condensed consolidated statements of operations. Deferred financing costs that relate to our revolving credit facility are included in deferred costs and other intangibles, net within the condensed consolidated balance sheets. Amortization of deferred financing costs that relate to our revolving credit facility was $0.5 million for the three months ended September 30, 2017 and 2016, and $1.3 million and $1.9 million for the nine months ended September 30, 2017 and 2016, respectively, which has been included in gross interest, prior to interest capitalization (see Note 7).
 
The following table sets forth the estimated annual amortization expense related to deferred costs and other intangibles, net as of September 30, 2017, for future periods (in thousands):
Year
 
Deferred
Leasing
Costs
 
Deferred
Financing
Costs
 
Value of
In-place
Leases
 
Trademark
 
Database
Remaining 2017
 
$
1,240

 
$
495

 
$
31

 
$
165

 
$
75

2018
 
1,835

 
1,964

 
21

 
92

 
300

2019
 

 
1,964

 
2

 

 
300

2020
 

 
1,969

 

 

 
132

2021
 

 
1,964

 

 

 

Thereafter
 

 
967

 

 

 

Total
 
$
3,075

 
$
9,323

 
$
54

 
$
257

 
$
807