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Note 6 - Below-market Lease Intangibles
3 Months Ended
Mar. 31, 2017
Notes to Financial Statements  
Below Market Lease Intangibles Disclosure [Text Block]
6.
Below-Market Lease Intangibles
 
The Company’s below-market lease intangibles liabilities are as follows:
 
 
 
March 31,
2017
 
 
December 31,
2016
 
 
 
(Unaudited)
 
 
 
 
 
Below-market leases
  $
23,178
    $
23,178
 
Less accumulated amortization
   
(16,763
)    
(16,316
)
    $
6,415
    $
6,862
 
 
Rental income includes amortization of below-market leases of
$447
and
$430
for the
three
months ended
March
31,
2017
and
2016,
respectively.
 
The balance of below-market leases as of
March
31,
2017amortize
in future years as follows:
 
2017 (Remainder)
  $
1,340
 
2018
   
1,787
 
2019
   
1,269
 
2020
   
489
 
2021
   
488
 
Thereafter
   
1,042
 
Total
  $
6,415