Annual report pursuant to Section 13 and 15(d)

Deferred Costs

v3.19.3.a.u2
Deferred Costs
12 Months Ended
Dec. 31, 2019
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
Deferred Costs DEFERRED COSTS

As of December 31, 2019 and 2018, deferred leasing costs and deferred leasing incentives were included in prepaid expenses and other assets as follows (in thousands):
 
December 31,
 
2019
 
2018
 
Gross Carrying
Value
 
Accumulated
Amortization
 
Net
 
Gross Carrying
Value
 
Accumulated
Amortization
 
Net
Deferred leasing costs
$
60,900

 
$
29,580

 
$
31,320

 
$
63,659

 
$
31,438

 
$
32,221

Deferred leasing incentives
18,926

 
11,133

 
7,793

 
22,801

 
12,311

 
10,490



Amortization, including write-offs, of deferred leasing costs and deferred leasing incentives for the three years ended December 31, 2019 were as follows (in thousands):
 
Year Ended December 31,
 
2019
 
2018
 
2017
Deferred leasing costs amortization
$
6,599

 
$
5,881

 
$
5,784

Deferred leasing incentives amortization
2,862

 
2,811

 
3,009