Deferred Costs and Other Intangibles, Net

Deferred costs and other intangibles, net, consisted of the following as of March 31, 2018, and December 31, 2017 (in thousands):



	March 31, 2018			December 31, 2017
Deferred leasing costs	$	9,753		$	7,030
Deferred financing costs	11,244			11,244
Intangible assets:
Value of in-place leases	179			179
Trademark	—			3,100
Database	2,100			2,100
	23,276			23,653
Less: accumulated amortization	(10,245		)	(10,628		)
Total	$	13,031		$	13,025

Amortization expense related to deferred leasing costs, the value of in-place leases, trademark and database was $2.2 million and $2.9 million for the three months ended March 31, 2018 and 2017, respectively, which has been included in depreciation and amortization within the condensed consolidated statements of operations. Deferred financing costs that relate to our revolving credit facility are included in deferred costs and other intangibles, net within the condensed consolidated balance sheets. Amortization of deferred financing costs that relate to our revolving credit facility was $0.5 million and $0.4 million for the three months ended March 31, 2018 and 2017, respectively, which has been included in gross interest, prior to interest capitalization (see Note 8).

The following table sets forth the estimated annual amortization expense related to deferred costs and other intangibles, net as of March 31, 2018, for future periods (in thousands):



Year	Deferred Leasing Costs		Deferred Financing Costs		Value of In-place Leases		Database
Remaining 2018	$	3,751	$	1,479	$	6	$	225
2019	272		1,964		2		300
2020	—		1,969		—		132
2021	—		1,964		—		—
2022	—		967		—		—
Total	$	4,023	$	8,343	$	8	$	657