XML 55 R44.htm IDEA: XBRL DOCUMENT v3.20.2
REAL ESTATE ASSETS (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Mar. 31, 2019
Sep. 30, 2020
Sep. 30, 2019
Dec. 31, 2019
Real Estate [Line Items]            
Payments to acquire real estate and real estate joint ventures         $ 456,100  
Buildings $ 102,553     $ 102,553   $ 102,375
Tenant improvements 4,506     4,506   4,501
Land 2,437     2,437   2,437
Land improvements 484     484   484
Total real estate assets 109,980     109,980   109,797
Less: accumulated depreciation (12,165)     (12,165)   (8,681)
Total investment in real estate, net 97,815     97,815   101,116
Finite-lived intangibles assets, net 5,745     5,745   8,070
Depreciation and amortization expense for real estate assets 1,700 $ 1,900   $ 5,200 $ 5,800  
In-place lease intangibles            
Real Estate [Line Items]            
Intangible assets, weighted average useful lives (in years)       45 months    
Finite-lived intangible assets, gross 11,275     $ 11,275   11,389
Less: accumulated amortization (7,687)     (7,687)   (5,927)
Finite-lived intangibles assets, net 3,588     $ 3,588   5,462
Above-market lease intangibles            
Real Estate [Line Items]            
Intangible assets, weighted average useful lives (in years)       45 months    
Finite-lived intangible assets, gross 3,623     $ 3,623   3,623
Less: accumulated amortization (1,466)     (1,466)   (1,015)
Finite-lived intangibles assets, net $ 2,157     2,157   $ 2,608
Tall Tower            
Real Estate [Line Items]            
Payments to acquire real estate and real estate joint ventures       $ 110,000    
A-Street Building            
Real Estate [Line Items]            
Payments to acquire real estate and real estate joint ventures     $ 9,200      
Tenant improvements            
Real Estate [Line Items]            
Property and equipment estimated useful lives (in years)       15 years    
Land improvements            
Real Estate [Line Items]            
Property and equipment estimated useful lives (in years)       15 years    
Minimum | Buildings            
Real Estate [Line Items]            
Property and equipment estimated useful lives (in years)       20 years    
Maximum | Buildings            
Real Estate [Line Items]            
Property and equipment estimated useful lives (in years)       30 years