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Deferred Leasing Costs and Lease Intangibles, net
 12 Months Ended
Dec. 31, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
Deferred Leasing Costs and Lease Intangibles, net Deferred Leasing Costs and Lease Intangibles, net
The following summarizes the Company’s deferred leasing costs and lease intangibles as of:
December 31, 2019December 31, 2018
Deferred leasing costs and in-place lease intangibles$359,215  $336,535  
Accumulated amortization(136,816) (123,432) 
Deferred leasing costs and in-place lease intangibles, net222,399  213,103  
Below-market ground leases72,916  72,916  
Accumulated amortization(11,436) (8,932) 
Below-market ground leases, net61,480  63,984  
Above-market leases8,015  8,425  
Accumulated amortization(6,446) (5,616) 
Above-market leases, net1,569  2,809  
DEFERRED LEASING COSTS AND LEASE INTANGIBLE ASSETS, NET
$285,448  $279,896  
Below-market leases$87,064  $101,736  
Accumulated amortization(56,447) (57,043) 
Below-market leases, net30,617  44,693  
Above-market ground leases1,095  1,095  
Accumulated amortization(219) (176) 
Above-market ground leases, net876  919  
LEASE INTANGIBLE LIABILITIES, NET
$31,493  $45,612  

The Company recognized the following amortization related to deferred leasing costs and lease intangibles:
For the Year Ended December 31,
201920182017
Deferred leasing costs and in-place lease intangibles(1)
$(45,177) $(46,690) $(72,883) 
Below-market ground leases(2)
$(2,503) $(2,465) $(2,548) 
Above-market leases(3)
$(1,240) $(1,550) $(6,953) 
Below-market leases(3)
$14,076  $19,143  $25,015  
Above-market ground leases(2)
$43  $43  $43  
_____________ 
1.Amortization is recorded in depreciation and amortization expenses and office rental revenues in the Consolidated Statements of Operations.
2.Amortization is recorded in office operating expenses in the Consolidated Statements of Operations.
3.Amortization is recorded in revenues in the Consolidated Statements of Operations.

The following table provides information regarding the Company’s estimated amortization of deferred leasing costs and lease intangibles as of December 31, 2019:
For the Year Ended December 31,Deferred lease cost and in-place lease intangibles  Below-market ground lease  Above-market lease  Below-market lease  Above-market ground lease  
2020$(36,485) $(2,504) $(594) $10,220  $43  
2021(30,115) (2,504) (412) 7,298  43  
2022(23,739) (2,504) (245) 4,719  43  
2023(19,423) (2,504) (217) 3,807  43  
2024(13,981) (2,504) (95) 1,804  43  
Thereafter(98,656) (48,960) (6) 2,769  661  
TOTAL
$(222,399) $(61,480) $(1,569) $30,617  $876