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TENANT ORIGINATION AND ABSORPTION COSTS, ABOVE-MARKET LEASE ASSETS AND BELOW-MARKET LEASE LIABILITIES (Tables)
6 Months Ended
Jun. 30, 2020
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 June 30, 2020 and December 31, 2019, 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 CostsAbove-Market
Lease Assets
Below-Market
Lease Liabilities
 June 30, 2020December 31, 2019June 30, 2020December 31, 2019June 30, 2020December 31, 2019
Cost$13,425  $15,422  $72  $72  $(8,962) $(10,802) 
Accumulated Amortization(7,349) (7,954) (34) (28) 5,299  6,125  
Net Amount$6,076  $7,468  $38  $44  $(3,663) $(4,677) 
Amortization of Tenant Origination and Absorption Costs, Above-Market Leases and Below-Market Lease Liabilities
Increases (decreases) in net income as a result of amortization of the Company’s tenant origination and absorption costs, above-market lease assets and below-market lease liabilities for the three and six months ended June 30, 2020 and 2019 were as follows (in thousands):
Tenant Origination and Absorption CostsAbove-Market
Lease Assets
Below-Market
Lease Liabilities
For the Three Months Ended June 30,For the Three Months Ended June 30,For the Three Months Ended June 30,
202020192020201920202019
Amortization$(673) $(888) $(3) $(4) $472  $679  

Tenant Origination and Absorption CostsAbove-Market
Lease Assets
Below-Market
Lease Liabilities
For the Six Months Ended June 30,For the Six Months Ended June 30,For the Six Months Ended June 30,
202020192020201920202019
Amortization$(1,393) $(1,831) $(6) $(9) $1,014  $1,382