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Intangible Lease Asset/Liability

12 Months Ended

Dec. 31, 2018

Intangible Lease Asset Liability [Abstract]

Intangible Lease Asset/Liability

Note 9. Intangible Lease Asset/Liability

Unamortized intangible lease liabilities that relate to below-market leases amounted to $13.2 million and $17.7 million at December 31, 2018 and December 31, 2017, respectively. Unamortized intangible lease assets that relate to above-market leases amounted to $0.6 million and $0.6 million at December 31, 2018 and December 31, 2017, respectively.

The unamortized balance of intangible lease liabilities at December 31, 2018 is net of accumulated amortization of $39.9 million, and will be credited to future operations as follows:

2019		$	2,538,000
2020			1,626,000
2021			1,265,000
2022			1,199,000
2023			1,125,000
Thereafter			5,456,000
		$	13,209,000

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- Definition

Intangible lease asset liability.

+ References

No definition available.

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- Definition

The entire disclosure for all or part of the information related to intangible assets.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-URI http://asc.fasb.org/topic&trid=2144416

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