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Deferred Leasing Costs and Lease Intangibles, net (Tables)
 6 Months Ended
Jun. 30, 2018
Leases [Abstract]  
Schedule of deferred leasing cost and lease intangibles
The following summarizes the Company’s deferred leasing costs and lease intangibles as of:
 
June 30, 2018
 
December 31, 2017
Above-market leases
$
9,236

 
$
18,028

Accumulated amortization
(7,122
)
 
(15,131
)
Above-market leases, net
2,114

 
2,897

Deferred leasing costs and in-place lease intangibles
288,353

 
301,945

Accumulated amortization
(114,569
)
 
(127,703
)
Deferred leasing costs and in-place lease intangibles, net
173,784

 
174,242

Below-market ground leases
68,388

 
68,388

Accumulated amortization
(7,704
)
 
(6,498
)
Below-market ground leases, net
60,684

 
61,890

Deferred leasing costs and lease intangible assets, net(1)
$
236,582

 
$
239,029

 
 
 
 
Below-market leases
$
91,686

 
$
103,597

Accumulated amortization
(50,898
)
 
(55,019
)
Below-market leases, net
40,788

 
48,578

Above-market ground leases
1,095

 
1,095

Accumulated amortization
(154
)
 
(133
)
Above-market ground leases, net
941

 
962

Lease intangible liabilities, net(1)
$
41,729

 
$
49,540

_____________ 
(1)
Excludes balances related to properties that have been classified as held for sale.
Schedule of amortization during period
The Company recognized the following amortization related to deferred leasing costs and lease intangibles:
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2018
 
2017
 
2018
 
2017
Above-market leases(1)
$
(409
)
 
$
(1,911
)
 
$
(883
)
 
$
(3,267
)
Deferred leasing costs and in-place lease intangibles(2)
(11,423
)
 
(20,644
)
 
(23,119
)
 
(40,437
)
Below-market ground leases(3)
(603
)
 
(844
)
 
(1,238
)
 
(1,492
)
Below-market leases(1)
3,640

 
6,584

 
7,925

 
13,672

Above-market ground leases(3)
11

 
11

 
22

 
22


__________________ 
(1)
Amortization is recorded in revenues in the Consolidated Statements of Operations.
(2)
Amortization is recorded in depreciation and amortization expenses and office rental revenues in the Consolidated Statements of Operations.
(3)
Amortization is recorded in office operating expenses in the Consolidated Statements of Operations.