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INTANGIBLES (Tables)
12 Months Ended
Dec. 31, 2019
Intangibles [Abstract]  
Schedule of Intangibles

The following is a summary of our intangibles as of December 31, 2019 and 2018:

​

​

​

​

​

​

​

​

​

    

December 31, 

​

​

    

2019

    

​

2018

​

​

​

(in thousands)

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Assets:

 

​

  

  

​

​

​

Goodwill

​

$

644,415

​

$

643,950

​

​

​

​

​

​

​

​

​

Above market leases

​

$

49,240

​

$

22,410

​

Accumulated amortization

​

 

(21,227)

  

 

(19,203)

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Net intangible assets

​

$

28,013

​

$

3,207

​

​

​

​

​

​

​

​

​

Liabilities:

​

 

​

  

 

​

​

Below market leases

​

$

147,292

​

$

143,669

​

Accumulated amortization

​

 

(87,154)

  

 

(79,226)

​

Net intangible liabilities

​

$

60,138

​

$

64,443

​

​

Schedule of Reconciliation of Goodwill

The following is a summary of our goodwill:

​

​

​

​

​

​

    

(in thousands)

Balance as of December 31, 2017

​

$

644,690

Less: foreign currency translation

​

​

(740)

Balance as of December 31, 2018

​

​

643,950

Add: foreign currency translation

​

 

465

Balance as of December 31, 2019

​

$

644,415