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TENANT ORIGINATION AND ABSORPTION COSTS, ABOVE-MARKET LEASE ASSETS AND BELOW-MARKET LEASE LIABILITIES (Tables)
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
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) $(7,348) 
Amortization of Tenant Origination and Absorption Costs, Above-Market Leases and Below-Market Lease Liabilities
Increases (decreases) in net income as a result of amortization of the Company’s tenant origination and absorption costs, above-market lease assets and below-market lease liabilities for the years ended December 31, 2019, 2018 and 2017 were as follows (in thousands):
 Tenant Origination and
Absorption Costs
Above-Market Lease AssetsBelow-Market Lease Liabilities
For the Years Ended December 31,For the Years Ended December 31,For the Years Ended December 31,
 201920182017201920182017201920182017
Amortization$(3,492) $(4,513) $(3,892) $(17) $(18) $(10) $2,671  $3,435  $2,038  
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense
The remaining unamortized balance for these outstanding intangible assets and liabilities as of December 31, 2019 will be amortized for the years ending December 31 as follows (in thousands):
Tenant Origination and
Absorption Costs
Above-Market
Lease Assets
Below-Market
Lease Liabilities
2020$(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