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REAL ESTATE INVESTMENTS - Purchase Price Allocation (Details) | 12 Months Ended | 24 Months Ended
--- | --- | ---
Dec. 31, 2019 USD ($) | Dec. 31, 2018 USD ($) | Dec. 31, 2017 USD ($) | Dec. 31, 2018 USD ($) property
Allocation of purchase price for the Company's real estate acquisitions |  |  |  |
Land | $ 7,461,000 | $ 11,318,000 |  | $ 11,318,000
Building and Improvements | 39,096,000 | 67,044,000 |  | 67,044,000
Intangible Lease Asset | 4,245,000 | 4,435,000 |  | 4,435,000
Intangible Lease Liability | (915,000) | (2,507,000) |  | (2,507,000)
Total | $ 49,887,000 | $ 80,290,000 |  | 80,290,000
Weighted average amortization period for intangible lease assets | 7 years 7 months 6 days | 6 years 9 months 18 days |  |
Weighted average amortization period for intangible lease liabilities | 9 years 9 months 18 days | 11 years 4 months 24 days |  |
Above market lease accumulated amortization | $ 19,904,000 | $ 16,503,000 |  | 16,503,000
Below market lease accumulated amortization | 7,502,000 | 7,378,000 |  | $ 7,378,000
Amortization of intangibles relating to leases, net | 914,000 | 1,849,000 | $ 897,000 |
Amortization expense relating to origination costs | 4,039,000 | 7,175,000 | 4,984,000 |
Write off of tenant origination costs |  | 2,743,000 | $ 884,000 |
Number of properties at which tenant filed bankruptcy | property |  |  |  | 4
Zwanenberg Food Group/Metro Carpets industrial facility, Nashville, Tennessee |  |  |  |
Allocation of purchase price for the Company's real estate acquisitions |  |  |  |
Land | 1,058,000 |  |  |
Building and Improvements | 6,350,000 |  |  |
Intangible Lease Asset | 750,000 |  |  |
Intangible Lease Liability | (81,000) |  |  |
Total | 8,077,000 |  |  |
Echo, Inc. industrial facility, Wauconda, Illinois |  |  |  |
Allocation of purchase price for the Company's real estate acquisitions |  |  |  |
Land | 67,000 |  |  |
Building and Improvements | 3,424,000 |  |  |
Intangible Lease Asset | 339,000 |  |  |
Intangible Lease Liability | (4,000) |  |  |
Total | 3,826,000 |  |  |
Betz Mechanical Supply, Steve Davis Sales industrial Facility, Bensalem, Pennsylvania |  |  |  |
Allocation of purchase price for the Company's real estate acquisitions |  |  |  |
Land | 1,602,000 |  |  |
Building and Improvements | 4,322,000 |  |  |
Intangible Lease Asset | 664,000 |  |  |
Intangible Lease Liability | (220,000) |  |  |
Total | 6,368,000 |  |  |
International Flora Technologies industrial facility, Chandler, Arizona |  |  |  |
Allocation of purchase price for the Company's real estate acquisitions |  |  |  |
Land | 1,335,000 |  |  |
Building and Improvements | 7,379,000 |  |  |
Total | 8,714,000 |  |  |
Nissan North America industrial facility, LaGrange, Georgia |  |  |  |
Allocation of purchase price for the Company's real estate acquisitions |  |  |  |
Land | 297,000 |  |  |
Building and Improvements | 4,499,000 |  |  |
Intangible Lease Asset | 627,000 |  |  |
Intangible Lease Liability | (151,000) |  |  |
Total | 5,272,000 |  |  |
Continental Hydraulics industrial facility, Shakopee, Minnesota |  |  |  |
Allocation of purchase price for the Company's real estate acquisitions |  |  |  |
Land | 1,877,000 |  |  |
Building and Improvements | 5,462,000 |  |  |
Intangible Lease Asset | 944,000 |  |  |
Intangible Lease Liability | (221,000) |  |  |
Total | 8,062,000 |  |  |
Cosentino industrial facility, Rincon, Georgia |  |  |  |
Allocation of purchase price for the Company's real estate acquisitions |  |  |  |
Land | 61,000 |  |  |
Building and Improvements | 5,969,000 |  |  |
Intangible Lease Asset | 667,000 |  |  |
Intangible Lease Liability | (176,000) |  |  |
Total | 6,521,000 |  |  |
The Door Mill industrial facility, Chandler, Arizona |  |  |  |
Allocation of purchase price for the Company's real estate acquisitions |  |  |  |
Land | 1,164,000 |  |  |
Building and Improvements | 1,691,000 |  |  |
Intangible Lease Asset | 254,000 |  |  |
Intangible Lease Liability | (62,000) |  |  |
Total | $ 3,047,000 |  |  |
Campania International/U.S. Tape industrial facility, Pennsburg, Pennsylvania |  |  |  |
Allocation of purchase price for the Company's real estate acquisitions |  |  |  |
Land |  | 1,776,000 |  | $ 1,776,000
Building and Improvements |  | 11,125,000 |  | 11,125,000
Total |  | 12,901,000 |  | 12,901,000
Plymouth Industries industrial facility, Plymouth, Minnesota |  |  |  |
Allocation of purchase price for the Company's real estate acquisitions |  |  |  |
Land |  | 1,121,000 |  | 1,121,000
Building and Improvements |  | 4,429,000 |  | 4,429,000
Total |  | 5,550,000 |  | 5,550,000
Applied Control Industrial Facility, Eaglewood, Colorado |  |  |  |
Allocation of purchase price for the Company's real estate acquisitions |  |  |  |
Land |  | 1,562,000 |  | 1,562,000
Building and Improvements |  | 11,300,000 |  | 11,300,000
Total |  | 12,862,000 |  | 12,862,000
Xerimis industrial facility, Moorestown, New Jersey |  |  |  |
Allocation of purchase price for the Company's real estate acquisitions |  |  |  |
Land |  | 1,822,000 |  | 1,822,000
Building and Improvements |  | 5,056,000 |  | 5,056,000
Intangible Lease Asset |  | 707,000 |  | 707,000
Intangible Lease Liability |  | (88,000) |  | (88,000)
Total |  | 7,497,000 |  | 7,497,000
Multi-tenant industrial facility, Moorestown, New Jersey |  |  |  |
Allocation of purchase price for the Company's real estate acquisitions |  |  |  |
Land |  | 1,443,000 |  | 1,443,000
Building and Improvements |  | 10,898,000 |  | 10,898,000
Intangible Lease Asset |  | 1,469,000 |  | 1,469,000
Intangible Lease Liability |  | (202,000) |  | (202,000)
Total |  | 13,608,000 |  | 13,608,000
Men's Warehouse industrial facility, Bakersfield, California |  |  |  |
Allocation of purchase price for the Company's real estate acquisitions |  |  |  |
Land |  | 1,988,000 |  | 1,988,000
Building and Improvements |  | 9,996,000 |  | 9,996,000
Intangible Lease Asset |  | 1,127,000 |  | 1,127,000
Intangible Lease Liability |  | (2,198,000) |  | (2,198,000)
Total |  | 10,913,000 |  | 10,913,000
Dufresne Spencer Group industrial facility, Green Park, Missouri |  |  |  |
Allocation of purchase price for the Company's real estate acquisitions |  |  |  |
Land |  | 1,420,000 |  | 1,420,000
Building and Improvements |  | 7,833,000 |  | 7,833,000
Intangible Lease Asset |  | 810,000 |  | 810,000
Total |  | 10,063,000 |  | 10,063,000
Transcendia industrial facility, Greenville, South Carolina |  |  |  |
Allocation of purchase price for the Company's real estate acquisitions |  |  |  |
Land |  | 186,000 |  | 186,000
Building and Improvements |  | 6,407,000 |  | 6,407,000
Intangible Lease Asset |  | 322,000 |  | 322,000
Intangible Lease Liability |  | (19,000) |  | (19,000)
Total |  | $ 6,896,000 |  | $ 6,896,000

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