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TENANT ORIGINATION AND ABSORPTION COSTS, ABOVE-MARKET LEASE ASSETS AND BELOW-MARKET LEASE LIABILITIES
3 Months Ended
Mar. 31, 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 TENANT ORIGINATION AND ABSORPTION COSTS, ABOVE-MARKET LEASE ASSETS AND BELOW-
MARKET LEASE LIABILITIES
As of March 31, 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 Costs
Above-Market
Lease Assets
Below-Market
Lease Liabilities
March 31, 2020December 31, 2019March 31, 2020December 31, 2019March 31, 2020December 31, 2019
Cost$11,875  $13,822  $213  $213  $(5,930) $(6,213) 
Accumulated Amortization(5,696) (6,818) (100) (93) 3,682  3,680  
Net Amount$6,179  $7,004  $113  $120  $(2,248) $(2,533) 

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 months ended March 31, 2020 and 2019 were as follows (in thousands):
Tenant Origination and
Absorption Costs
Above-Market
Lease Assets
Below-Market
Lease Liabilities
For the Three Months Ended March 31,For the Three Months Ended March 31,For the Three Months Ended March 31,
202020192020201920202019
Amortization$(571) $(690) $(7) $(7) $285  $350