Acquired Intangible Assets and Liabilities (Tables)

12 Months Ended

Dec. 31, 2016

Acquired Intangible Assets And Liabilities [Abstract]

Summary of Acquired Intangible Assets

The following summarizes our acquired intangible assets (real estate intangibles, comprised of acquired in-place lease value, tenant relationship value and trade name along with acquired above-market lease value) and intangible liabilities (acquired below-market lease value) as of December 31, 2016 and 2015.

	Balance as of
(Amounts in thousands)	December 31, 2016			December 31, 2015
Real Estate Intangibles:
Acquired in-place lease value:
Gross amount	$	896,693		$	901,381
Accumulated amortization	(517,443		)	(472,933		)
Net	$	379,250		$	428,448
Tenant relationship value:
Gross amount	$	971,519		$	734,800
Accumulated amortization	(82,069		)	(14,495		)
Net	$	889,450		$	720,305
Trade name:
Gross amount	$	7,300		$	7,300
Accumulated amortization	(7,300		)	(417		)
Net	$	—		$	6,883
Acquired above-market leases:
Gross amount	$	110,142		$	122,311
Accumulated amortization	(87,961		)	(89,613		)
Net	$	22,181		$	32,698
Acquired below-market leases:
Gross amount	$	283,899		$	294,791
Accumulated amortization	(202,000		)	(193,677		)
Net	$	81,899		$	101,114

Schedule of Below Market Lease Future Amortization

Estimated annual amortization of acquired below-market lease value, net of acquired above-market lease value, for each of the five succeeding years and thereafter, commencing January 1, 2017 is as follows:

(Amounts in thousands)
2017	$	7,216
2018	5,566
2019	5,698
2020	7,422
2021	7,114
Thereafter	26,702
Total	$	59,718

Schedule of Finite-Lived Intangible Assets Future Amortization Expense

Estimated annual amortization of acquired in-place lease value for each of the five succeeding years and thereafter, commencing January 1, 2017 is as follows:

(Amounts in thousands)
2017	$	54,088
2018	47,640
2019	40,515
2020	36,561
2021	33,958
Thereafter	166,488
Total	$	379,250

Estimated annual amortization of customer contracts for each of the five succeeding years and thereafter, commencing January 1, 2017 is as follows:

(Amounts in thousands)
2017	$	69,608
2018	69,608
2019	69,608
2020	69,608
2021	69,608
Thereafter	541,410
Total	$	889,450