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Significant Accounting Policies (Tables)
3 Months Ended
Mar. 31, 2013
Significant Accounting Policies  
Summary of identified intangible assets (acquired above-market leases and in-place leases) and intangible liabilities (acquired below-market leases)

The following summarizes our identified intangible assets (acquired above-market leases and in-place leases) and intangible liabilities (acquired below-market leases) as of March 31, 2013 and December 31, 2012 (amounts in thousands):

 

 

 

March 31,
2013

 

December 31,
2012

 

Identified intangible assets (included in other assets):

 

 

 

 

 

Gross amount

 

$

725,708

 

$

725,861

 

Accumulated amortization

 

(279,714

)

(263,107

)

Net

 

$

445,994

 

$

462,754

 

 

 

 

 

 

 

Identified intangible liabilities (included in deferred revenue):

 

 

 

 

 

Gross amount

 

$

652,117

 

$

651,921

 

Accumulated amortization

 

(374,239

)

(357,225

)

Net

 

$

277,878

 

$

294,696

 

Schedule of marketable securities

At March 31, 2013 and December 31, 2012, we held the following marketable securities (in thousands):

 

 

 

March 31,
2013

 

December 31,
2012

 

Level 1 — Equity marketable securities

 

$

3,903

 

$

2,202

 

Level 2 — Commercial mortgage-backed securities

 

15,521

 

15,575

 

Level 3 — Rake bonds

 

3,570

 

3,652

 

Total marketable securities available-for-sale

 

$

22,994

 

$

21,429