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Intangible Assets, net
9 Months Ended
Sep. 30, 2016
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets, net

Note 7 — Intangible Assets, net

The Company’s intangible assets, net consist of the following:

 

     September 30,      December 31,  
     2016      2015  

Anchor tenant relationship

   $ 1,357       $ —     

In-place leases

     1,223         —     
  

 

 

    

 

 

 

Total, at cost

     2,580         —     

Less: accumulated amortization

     (21      —     
  

 

 

    

 

 

 

Intangible assets, net

   $ 2,559       $ —     
  

 

 

    

 

 

 

In connection with the August 2016 business acquisition described in Note 5 — Business Acquisition, the Company recognized $2,580 of intangible assets and recorded $21 of amortization expense for the three and nine months ended September 30, 2016.