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Component: (Network and Table)
Network
100250 - Disclosure - Lease Intangibles (Tables)
(http://www.netreit.com/20161231/taxonomy/role/DisclosureLeaseIntangiblesTables)
Table(Implied)
Slicers (applies to each fact value in each table cell)
Reporting Entity [Axis]0001080657 (http://www.sec.gov/CIK)
Goodwill And Intangible Assets Disclosure [Abstract]Period [Axis]
2016-01-01 - 2016-12-31
Goodwill And Intangible Assets Disclosure [Abstract]
 
Net Value of Other Intangible Assets

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:

 

 

 

 

 

 

 

 

 

 

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