Deferred Costs and Intangible Assets

Deferred costs and intangible assets consist of the following:

	December 31, 2018			December 31, 2017

Deferred costs	$	286		$	266
Above-market leases		480			480
Lease origination costs		3,110			3,110
In-place leases		8,078			8,078
Real estate tax abatements		12,571			12,571
Total deferred costs and intangible assets		24,525			24,505
Less accumulated amortization		(14,561	)		(12,611	)
Total deferred costs and intangible assets, net	$	9,964		$	11,894

Amortization of lease origination costs and in-place lease intangible assets was

$1,240,

$1,182

and

$1,793

for the years ended

December 31, 2018,

2017

and

2016,

respectively. Amortization of real estate abatements of

$475,

$1,568

and

$1,476

for the years ended

December 31, 2018,

2017

and

2016,

respectively, is included in real estate taxes and insurance in the consolidated statements of operations. Amortization of above-market leases of

$235,

$58

and

$39

for the years ended

December 31, 2018,

2017

and

2016,

respectively, is included in commercial income in the consolidated statements of operations.

Deferred costs and intangible assets as of

December 31, 2018,

amortize in future years as follows: