Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2017

Depreciation expense is computed using the straight-line method based on the following useful lives:



	Years
Buildings and Improvements	7 to 50
Land Improvements	5 to 20
Furniture, Fixtures and Equipment	3 to 10
Tenant Improvements	Lease Term

Summary of Deferred Leasing Intangibles

Deferred leasing intangibles, net of accumulated amortization, included in our total assets and total liabilities consist of the following:



	December 31, 2017		December 31, 2016
In-Place Leases	$	19,921	$	17,529
Above Market Leases	2,298		2,373
Below Market Ground Lease Obligation	1,688		1,733
Tenant Relationships	6,574		7,864
Total Included in Total Assets, Net of $29,604 and $27,336 of Accumulated Amortization	$	30,481	$	29,499
Below Market Leases	$	10,355	$	10,400
Total Included in Total Liabilities, Net of $10,578 and $10,193 of Accumulated Amortization	$	10,355	$	10,400

Future Amortization Expense Related to Deferred Leasing Intangibles

We will recognize net amortization expense related to deferred leasing intangibles over the next five years, for properties owned as of December 31, 2017 as follows:



	Estimated Amortization of In-Place Leases and Tenant Relationships		Estimated Net Increase to Rental Revenues Related to Above and Below Market Leases
2018	$	5,648	$	1,009
2019	$	4,753	$	1,019
2020	$	3,982	$	914
2021	$	2,590	$	845
2022	$	2,339	$	833