Investments in Real Estate (Tables)

12 Months Ended

Dec. 31, 2017

Investments [Abstract]

Schedule of Purchase Price Allocation

The allocations for these investments, in which we own a controlling financial interest, are set forth below in the aggregate for the years ended December 31, 2017, 2016 and 2015, respectively (in thousands):

	Year Ended December 31,
	2017			2016			2015
Land	$	100,922		$	85,017		$	19,828
Building and improvements	2,358,771			559,930			246,911
In place leases	190,020			56,807			24,646
Below market leases	(27,849		)	(13,792		)	(8,360		)
Above market leases	12,180			4,626			1,336
Below market leasehold interests	54,252			4,189			2,698
Above market leasehold interests	(8,978		)	(50		)	(7,725		)
Above market debt	—			(83		)	—
Interest rate swaps	—			(779		)	—
Net assets acquired	2,679,318			695,865			279,334
Other, net (1)	60,913			4,899			1,526
Aggregate purchase price	$	2,740,231		$	700,764		$	280,860
(1) For the year ended December 31, 2017, other, net, consisted primarily of capital expenditures and tenant improvements received as credits at the time of acquisition.

Schedule of Weighted Average Lives of Acquired Intangible Assets and Liabilities

The acquired intangible assets and liabilities referenced above had weighted average lives of the following for the years ended December 31, 2017, 2016 and 2015, respectively (in years):

	Year Ended December 31,
	2017	2016	2015
Acquired intangible assets	20.2	8.4	24.8
Acquired intangible liabilities	19.7	7.7	51.7