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Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2018

Significant Accounting Policies

Schedule of estimated useful lives of real estate assets

Category		Years
Commercial buildings			39
Building improvements		15	-	39
Fixtures and equipment		3	-	7

Schedule of estimated annual amortization expense for succeeding five years for acquired in-place lease and above-market leases

(in thousands)		December 31,
2019		$	18,179
2020			12,777
2021			9,083
2022			5,503
2023			4,372
2024 and thereafter			9,680

Schedule of estimated annual amortization for unfavorable leases

(in thousands)		December 31,
2019		$	1,244
2020			931
2021			603
2022			329
2023			223
2024 and thereafter			465

Schedule of Cash and cash equivalents

		December 31,			December 31,
(in thousands)		2018			2017
Cash and cash equivalents		$	11,177		$	9,773
Restricted cash			—			46
Total cash, cash equivalents and restricted cash		$	11,177		$	9,819

Schedule of estimated annual amortization for deferred leasing commissions

(in thousands)		December 31,
2019		$	8,644
2020			7,891
2021			7,055
2022			5,770
2023			4,888
2024 and thereafter			13,344

Summary of rental revenue

		Year Ended
		December 31,
(in thousands)		2018			2017			2016
Income from leases		$	202,127		$	205,690		$	192,055
Reimbursable expenses			61,475			58,777			49,821
Straight-line rent adjustment			(381)			1,767			1,977
Amortization of favorable and unfavorable leases			556			1,031			496
		$	263,777		$	267,265		$	244,349

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Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
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