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DEFERRED COSTS | 12 Months Ended
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Dec. 31, 2023
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract] |
DEFERRED COSTS | 7. DEFERRED COSTS As of December 31, 2023 and 2022, the Company’s deferred costs were comprised of the following (in thousands):
| December 31, 2023
| Total Cost |  | Accumulated Amortization |  | Deferred Costs, net
Leasing costs | $ | 164,274 |  |  | $ | (71,220) |  |  | $ | 93,054 |
Financing costs - Unsecured Credit Facility | 4,688 |  |  | (1,758) |  |  | 2,930 |
Total | $ | 168,962 |  |  | $ | (72,978) |  |  | $ | 95,984 |
| December 31, 2022
| Total Cost |  | Accumulated Amortization |  | Deferred Costs, net
Leasing costs | $ | 155,457 |  |  | $ | (62,920) |  |  | $ | 92,537 |
Financing costs - Unsecured Credit Facility | 4,688 |  |  | (586) |  |  | 4,102 |
Total | $ | 160,145 |  |  | $ | (63,506) |  |  | $ | 96,639 |
During the years ended December 31, 2023, 2022 and 2021, the Company capitalized internal direct leasing costs of $1.8 million, $3.0 million, and $2.1 million, respectively.

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