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Intangible Assets
12 Months Ended
Dec. 31, 2017
Goodwill and Intangible Assets Disclosure [Abstract]  
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19.Intangible Assets.

 

The Company reviews intangible assets for impairment, whenever events or changes in circumstances indicate that the carrying amount of such assets may not be recoverable. Recoverability of long-lived assets is measured by a comparison of the carrying amount of the asset group to the future undiscounted net cash flows expected to be generated by those assets. If such assets are considered to be impaired, the impairment charge recognized is the amount by which the carrying amounts of the assets exceeds the fair value of the assets.

 

The gross amounts and accumulated amortization of identifiable intangible assets are as follows (in thousands):

 

    December 31, 2017   December 31, 2016   September 30, 2016
    Gross   Accumulated   Gross   Accumulated   Gross   Accumulated
    Amount   Amortization   Amount   Amortization   Amount   Amortization
Amortizable intangible assets:                                                
  In-place leases (useful life 7-8 years)   $ 7,515       4,206       2,788       1,300       2,788       1,175  
  Above Market leases (useful life 5 years)     48       27       48       24       48       23  
    $ 7,563       4,233       2,836       1,324       2,836       1,198  

 

 

    December 31, 2017   December 31, 2016   September 30, 2016
    Gross   Accumulated   Gross   Accumulated   Gross   Accumulated
    Amount   Amortization   Amount   Amortization   Amount   Amortization
Amortizable intangible liabilities:                                                
  Below Market leases (useful life 4-5 years)   $ 220       220       220       211       220       206  
    $ 220       220       220       211       220       206