INTANGIBLE ASSETS AND LIABILITIES, NET (Tables)

6 Months Ended

Jun. 30, 2020

Intangible Assets and Liabilities Disclosure [Abstract]

Schedule of Finite-Lived Intangible Assets and Liabilities

Intangible assets and liabilities, net are summarized as follows:

	June 30, 2020
	Aviation Leasing		Jefferson Terminal		Total
Intangible assets
Acquired favorable lease intangibles	$	35,349	$	—	$	35,349
Less: Accumulated amortization	(26,434)		—		(26,434)
Acquired favorable lease intangibles, net	8,915		—		8,915
Customer relationships	—		35,513		35,513
Less: Accumulated amortization	—		(20,708)		(20,708)
Acquired customer relationships, net	—		14,805		14,805
Total intangible assets, net	$	8,915	$	14,805	$	23,720
Intangible liabilities
Acquired unfavorable lease intangibles	$	7,151	$	—	$	7,151
Less: Accumulated amortization	(3,131)		—		(3,131)
Acquired unfavorable lease intangibles, net	$	4,020	$	—	$	4,020

	December 31, 2019
	Aviation Leasing		Jefferson Terminal		Total
Intangible assets
Acquired favorable lease intangibles	$	49,762	$	—	$	49,762
Less: Accumulated amortization	(38,652)		—		(38,652)
Acquired favorable lease intangibles, net	11,110		—		11,110
Customer relationships	—		35,513		35,513
Less: Accumulated amortization	—		(18,931)		(18,931)
Acquired customer relationships, net	—		16,582		16,582
Total intangible assets, net	$	11,110	$	16,582	$	27,692
Intangible liabilities
Acquired unfavorable lease intangibles	$	5,170	$	—	$	5,170
Less: Accumulated amortization	(3,014)		—		(3,014)
Acquired unfavorable lease intangibles, net	$	2,156	$	—	$	2,156

Schedule of Intangible Assets and Liabilities

Amortization of intangible assets and liabilities is as follows:

	Classification in Consolidated Statements of Operations	Three Months Ended June 30,				Six Months Ended June 30,
		2020		2019		2020		2019
Lease intangibles	Equipment leasing revenues	$	931	$	2,202	$	2,063	$	4,664
Customer relationships:	Depreciation and amortization
Continuing operations		889		888		1,777		1,777
Discontinued operations		—		4		—		15
Total		$	1,820	$	3,094	$	3,840	$	6,456

Schedule of Net Annual Amortization of Intangibles

As of June 30, 2020, estimated net annual amortization of intangibles is as follows:

Remainder of 2020	$	3,523
2021	6,213
2022	4,385
2023	3,343
2024	2,236
Thereafter	—
Total	$	19,700