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Lease Intangibles (Tables)
 6 Months Ended
Jun. 30, 2015
Lease Intangible Assets [Abstract]  
Net Value of Other Intangible Assets

The following table summarizes the net value of other intangible assets and the accumulated amortization for each class of intangible asset:

June 30, 2015December 31, 2014
Lease Accumulated Lease Lease Accumulated Lease
intangibles amortization Intangibles, net intangibles amortization Intangibles, net
In-place leases$4,193,452 $(2,184,641) $2,008,811 $4,255,565 $(1,842,782) $2,412,783
Leasing costs 3,210,146 (1,445,810) 1,764,336 3,228,415 (1,214,967) 2,013,448
Above-market leases 1,977,113 (1,316,400) 660,713 1,977,113 (1,202,821) 774,292
Tenant relationships - - - 332,721 (332,721) -
$9,380,711 $(4,946,851) $4,433,860 $9,793,814 $(4,593,291) $5,200,523
Aggregate approximate amortization expense for the Company's lease intangible assets is as follows: $ 543,000
(2015), $853,000 (2016), $688,000 (2017), $485,000 (2018), $435,000 (2019) and $1,430,000 (thereafter). The
weighted average period for the intangible assets as of June 30, 2015 was 5.7 years.