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Intangible Assets, Liabilities, and Deferred Leasing Costs (Tables) | 12 Months Ended
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Dec. 31, 2019
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Intangible Assets and Goodwill | The following table summarizes the Company’s identified intangible assets, liabilities, and deferred leasing costs as of December 31, 2019 and 2018:
| As of December 31,
| 2019 |  | 2018
Intangible assets: |  |  |
In-place leases | $ | 158,002 |  |  | $ | 156,004 |
Above-market leases | 16,625 |  |  | 22,353 |
Intangible assets | 174,627 |  |  | 178,357 |
Accumulated amortization: |  |  |
In-place leases | (51,471 | ) |  | (58,203 | )
Above-market leases | (6,796 | ) |  | (12,149 | )
Accumulated amortization | (58,267 | ) |  | (70,352 | )
Intangible assets, net | $ | 116,360 |  |  | $ | 108,005 |
Intangible liabilities: |  |  |
Below-market leases | $ | 69,161 |  |  | $ | 74,312 |
Accumulated amortization | (26,519 | ) |  | (27,327 | )
Intangible liabilities, net | $ | 42,642 |  |  | $ | 46,985 |
Deferred leasing costs: |  |  |
Leasing costs | $ | 14,806 |  |  | $ | 18,236 |
Accumulated amortization | (3,896 | ) |  | (8,018 | )
Deferred leasing costs, net | $ | 10,910 |  |  | $ | 10,218 |
Schedule of Identified Intangible Assets and Liabilities | The following table provides a summary of the amortization related to intangible assets, liabilities, and deferred leasing costs for the years ended December 31, 2019, 2018 and 2017:
| Year ended December 31,
| 2019 |  | 2018 |  | 2017
Intangible assets: |  |  |  |  |
In-place leases | $ | 24,601 |  |  | $ | 22,523 |  |  | $ | 22,580 |
Above-market leases | 2,613 |  |  | 3,036 |  |  | 3,053 |
Amortization of intangible assets | $ | 27,214 |  |  | $ | 25,559 |  |  | $ | 25,633 |
Intangible liabilities: |  |  |  |  |
Amortization of below-market leases | $ | 8,736 |  |  | $ | 8,570 |  |  | $ | 8,563 |
Deferred leasing costs: |  |  |  |  |  |  |  |
Amortization of deferred leasing costs | $ | 2,311 |  |  | $ | 2,036 |  |  | $ | 1,806 |
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense | The following table provides a summary of the amortization during the next five years and thereafter related to deferred costs and intangible assets and liabilities as of December 31, 2019:
Year ending December 31, |  | In-place leases |  | Above market leases |  | Deferred leasing costs |  | Below market leases
2020 |  | $ | 20,164 |  |  | $ | 2,124 |  |  | $ | 3,212 |  |  | $ | 7,572 |
2021 |  | 16,923 |  |  | 1,786 |  |  | 1,667 |  |  | 6,314 |
2022 |  | 12,919 |  |  | 1,265 |  |  | 1,493 |  |  | 4,839 |
2023 |  | 10,952 |  |  | 1,046 |  |  | 1,187 |  |  | 3,792 |
2024 |  | 9,542 |  |  | 824 |  |  | 820 |  |  | 3,095 |
Thereafter |  | 36,031 |  |  | 2,784 |  |  | 2,531 |  |  | 17,030 |
Total |  | $ | 106,531 |  |  | $ | 9,829 |  |  | $ | 10,910 |  |  | $ | 42,642 |

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