Summary of Significant Accounting Policies (Tables)
 12 Months Ended
Dec. 31, 2018
Accounting Policies [Abstract]  
Reconciliation of Goodwill
The following table presents a reconciliation of the Company’s goodwill (in thousands):
 
Consolidated
Balance as of December 31, 2015
$
264,350

Goodwill allocated to dispositions of a business
(10,010
)
Balance as of December 31, 2016
254,340

Goodwill allocated to dispositions of a business
—

Balance as of December 31, 2017
254,340

Goodwill allocated to dispositions of a business (Spin-Off of SMTA)
(28,740
)
Balance as of December 31, 2018
$
225,600
Schedule of Restricted Cash and Deposits in Escrow
Restricted cash is classified within deferred costs and other assets, net in the accompanying consolidated balance sheets. Cash, cash equivalents and restricted cash consisted of the following (in thousands):
 
December 31, 2018
 
December 31, 2017
 
December 31, 2016
Cash and cash equivalents
$
14,493

 
$
8,798

 
$
10,059

Restricted cash:
 
 
 
 
 
Collateral deposits (1)
351

 
1,751

 
2,044

Tenant improvements, repairs, and leasing commissions (2)
9,093

 
8,257

 
9,739

Master Trust Release (3)
7,412

 
85,703

 
14,412

Liquidity reserve (4)
—

 
5,503

 
—

1031 Exchange proceeds, net
45,042

 
—

 
—

Other (5)
1,030

 
4,695

 
644

Total cash, cash equivalents and restricted cash
$
77,421

 
$
114,707

 
$
36,898

(1) Funds held in lender controlled accounts generally used to meet future debt service or certain property operating expenses.
(2) Deposits held as additional collateral support by lenders to fund improvements, repairs and leasing commissions incurred to secure a new tenant.
(3) Proceeds from the sale of assets pledged as collateral under either Master Trust 2013 or Master Trust 2014, which are held on deposit until a qualifying substitution is made or the funds are applied as prepayment of principal.
(4) Liquidity reserve cash was placed on deposit for Master Trust 2014 and is held until there is a cashflow shortfall or upon achieving certain performance criteria, as defined in the agreements governing Master Trust 2014, or a liquidation of Master Trust 2014 occurs.
(5) Funds held in lender controlled accounts released after scheduled debt service requirements are met.