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Lease Intangibles (Tables) | 6 Months Ended | 12 Months Ended
--- | --- | ---
Jun. 30, 2017 | Dec. 31, 2016
Goodwill and Intangible Assets Disclosure [Abstract] |  |
Net Value of Other Intangible Assets | The following table summarizes the net value of other intangible assets acquired and the accumulated amortization for each class of intangible asset:
|  | June 30, 2017 |  |  | December 31, 2016 |
|  | Lease Intangibles |  |  | Accumulated Amortization |  |  | Lease Intangibles, net |  |  | Lease Intangibles |  |  | Accumulated Amortization |  |  | Lease Intangibles, net |
In-place leases |  | $ | 6,635,928 |  |  | $ | (4,150,414 | ) |  | $ | 2,485,514 |  |  | $ | 6,872,980 |  |  | $ | (3,840,670 | ) |  | $ | 3,032,310 |
Leasing costs |  |  | 4,622,792 |  |  |  | (2,709,250 | ) |  |  | 1,913,542 |  |  |  | 4,813,951 |  |  |  | (2,517,759 | ) |  |  | 2,296,192 |
Above-market leases |  |  | 2,124,360 |  |  |  | (1,641,992 | ) |  |  | 482,368 |  |  |  | 2,124,360 |  |  |  | (1,586,328 | ) |  |  | 538,032 |
|  | $ | 13,383,080 |  |  | $ | (8,501,656 | ) |  | $ | 4,881,424 |  |  | $ | 13,811,291 |  |  | $ | (7,944,757 | ) |  | $ | 5,866,534 |
| Lease intangibles consist of the following:
|  | December 31, 2016 |  |  | December 31, 2015 |
|  | Lease Intangibles |  |  | Accumulated Amortization |  |  | Lease Intangibles, net |  |  | Lease Intangibles |  |  | Accumulated Amortization |  |  | Lease Intangibles, net |
In-place leases |  | $ | 6,872,980 |  |  | $ | (3,840,670 | ) |  | $ | 3,032,310 |  |  | $ | 6,903,882 |  |  | $ | (2,647,002 | ) |  | $ | 4,256,880 |
Leasing costs |  |  | 4,813,951 |  |  |  | (2,517,759 | ) |  |  | 2,296,192 |  |  |  | 4,816,858 |  |  |  | (1,766,578 | ) |  |  | 3,050,280 |
Above-market leases |  |  | 2,124,360 |  |  |  | (1,586,328 | ) |  |  | 538,032 |  |  |  | 2,124,360 |  |  |  | (1,415,762 | ) |  |  | 708,598 |
|  | $ | 13,811,291 |  |  | $ | (7,944,757 | ) |  | $ | 5,866,534 |  |  | $ | 13,845,100 |  |  | $ | (5,829,342 | ) |  | $ | 8,015,758 |
Amortization Expense for the Company Lease Intangible Assets | Aggregate approximate amortization expense for the Company’s lease intangible assets is as follows:
Six months remaining in 2017 |  | $ | 749,854 |
Years ending December 31: |  |  |  |
2018 |  |  | 1,320,270 |
2019 |  |  | 1,066,827 |
2020 |  |  | 850,757 |
2021 |  |  | 554,344 |
Thereafter |  |  | 339,372 |
Total |  | $ | 4,881,424 |
| Aggregate approximate amortization expense for the Company’s lease intangible assets is as follows:
Years ending December 31: |  |  |  |
2017 |  | $ | 1,652,832 |
2018 |  |  | 1,380,667 |
2019 |  |  | 1,127,224 |
2020 |  |  | 895,185 |
2021 |  |  | 585,710 |
Thereafter |  |  | 224,916 |
Total |  | $ | 5,866,534 |

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