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TENANT ORIGINATION AND ABSORPTION COSTS, ABOVE-MARKET LEASE ASSETS AND BELOW-MARKET LEASE LIABILITIES
 12 Months Ended
Dec. 31, 2019
Tenant Origination and Absorption Costs, Above-Market Lease Assets and Below-Market Lease Liabilities [Abstract]  
TENANT ORIGINATION AND ABSORPTION COSTS, ABOVE-MARKET LEASE ASSETS AND BELOW-MARKET LEASE LIABILITIES TENANT ORIGINATION AND ABSORPTION COSTS, ABOVE-MARKET LEASE ASSETS AND BELOW-MARKET LEASE LIABILITIES
As of December 31, 2019 and 2018, the Company’s tenant origination and absorption costs, above-market lease assets and below-market lease liabilities (excluding fully amortized assets and liabilities and accumulated amortization) were as follows (in thousands):
 Tenant Origination and
Absorption Costs		Above-Market
Lease Assets		Below-Market
Lease Liabilities
 December 31,
2019		December 31,
2018		December 31,
2019		December 31,
2018		December 31,
2019		December 31,
2018
Cost$15,422  $17,183  $72  $99  $(10,802) $(11,526) 
Accumulated Amortization(7,954) (6,163) (28) (34) 6,125  4,178  
Net Amount$7,468  $11,020  $44  $65  $(4,677) $(7,348) 
Increases (decreases) in net income as a result of amortization of the Company’s tenant origination and absorption costs, above-market lease assets and below-market lease liabilities for the years ended December 31, 2019, 2018 and 2017 were as follows (in thousands):
 Tenant Origination and
Absorption Costs		Above-Market Lease AssetsBelow-Market Lease Liabilities
For the Years Ended December 31,For the Years Ended December 31,For the Years Ended December 31,
 201920182017201920182017201920182017
Amortization$(3,492) $(4,513) $(3,892) $(17) $(18) $(10) $2,671  $3,435  $2,038  
The remaining unamortized balance for these outstanding intangible assets and liabilities as of December 31, 2019 will be amortized for the years ending December 31 as follows (in thousands):
Tenant Origination and
Absorption Costs		Above-Market
Lease Assets		Below-Market
Lease Liabilities
2020$(2,518) $(12) $1,750  
2021(1,815) (12) 973  
2022(1,181) (12) 744  
2023(882) (8) 595  
2024(656) —  389  
Thereafter(416) —  226  
$(7,468) $(44) $4,677  
Weighted-Average Remaining Amortization Period4.0 years3.6 years3.9 years
As of December 31, 2019 and 2018, the Company had recorded a housing subsidy intangible asset, net of amortization, which is included in prepaid expenses and other assets in the accompanying balance sheets, of $2.3 million and $2.4 million, respectively. As of December 31, 2019, the housing subsidy intangible asset has a remaining amortization period of 28.7 years. During the years ended December 31, 2019, 2018 and 2017, the Company recorded in depreciation and amortization, expense of $0.1 million, $0.1 million and $0.1 million, respectively, related to the housing subsidy intangible asset.
Additionally, as of December 31, 2019 and 2018, the Company had recorded property tax abatement intangible assets, net of amortization, which are included in prepaid expenses and other assets in the accompanying balance sheets, of $1.8 million and $2.3 million, respectively. As of December 31, 2019, the property tax abatement intangible assets had a weighted-average remaining amortization period of 3.8 years. During the years ended December 31, 2019, 2018 and 2017, the Company recorded in depreciation and amortization expense, of $0.5 million, $0.5 million and $0.1 million, respectively, related to the property tax abatement intangible asset.