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Deferred Costs and Intangibles, net (Tables)

12 Months Ended

Dec. 31, 2019

Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]

Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure

At December 31, 2019 and 2018, deferred costs consisted of the following: 

($ in thousands)		2019				2018
Acquired lease intangible assets		$	60,862			$	81,852
Deferred leasing costs and other		62,109				69,870
		122,971				151,722
Less—accumulated amortization		(49,814		)		(56,307		)
Subtotal		$	73,157			$	95,415
Less - asset held for sale		—				(151		)
Total		73,157				95,264

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense

The estimated net amounts of amortization from acquired lease intangible assets for each of the next five years and thereafter are as follows:

($ in thousands)	Amortization of above market leases				Amortization of acquired lease intangible assets				Total
2020	$	926			$	4,846			$	5,772
2021	681				3,872				4,553
2022	446				3,184				3,630
2023	424				2,463				2,887
2024	401				1,912				2,313
Thereafter	1,343				15,207				16,550
Total	$	4,221			$	31,484			$	35,705

The estimated net amounts of amortization of in-place lease liabilities and the increasing effect on minimum rent for each of the next five years and thereafter is as follows:  

($ in thousands)
2020	$	3,192
2021	2,973
2022	2,772
2023	2,584
2024	2,474
Thereafter	36,077
Total	$	50,072

Deferred Cost Amortization

The amounts of such amortization included in the accompanying consolidated statements of operations are as follows:

($ in thousands)		For the year ended December 31,
		2019				2018				2017
Amortization of deferred leasing costs, lease intangibles and other		$	14,239			$	18,648			$	22,960
Amortization of above market lease intangibles		1,200				2,553				4,025

The accompanying consolidated statements of operations include the following amounts of amortization of debt issuance costs as a component of interest expense:

($ in thousands)		For the year ended December 31,
		2019				2018				2017
Amortization of debt issuance costs		$	2,762			$	3,944			$	2,534

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- Definition

Tabular disclosure for the amortization of deferred costs.

+ References

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- Definition

Tabular disclosure of the amounts paid in advance for capitalized costs that will be expensed with the passage of time or the occurrence of a triggering event, and will be charged against earnings within one year or the normal operating cycle, if longer; the aggregate carrying amount of current assets, not separately presented elsewhere in the balance sheet; and other deferred costs.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.17)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

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- Definition

Tabular disclosure of the amount of amortization expense expected to be recorded in succeeding fiscal years for finite-lived intangible assets.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 30
-Section 50
-Paragraph 2
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275

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