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Intangible Assets and Liabilities (Tables)
 12 Months Ended
Dec. 31, 2015
Intangible Assets And Liabilities [Abstract]  
Schedule Of Acquired Intangible Assets Liabilities By Major Class
In connection with our investment activity during 2015, we recorded net lease intangibles comprised as follows (life in years, dollars in thousands):
 
Weighted-Average Life
 
Amount
Amortizable Intangible Assets
 
 
 
In-place lease
12.0
 
$
67,299

Above-market rent
10.0
 
619

Below-market ground lease
74.0
 
5,090

 
 
 
$
73,008

Amortizable Intangible Liabilities
 
 
 
Below-market rent
22.1
 
$
(1,833
)
Schedule Of Intangible Assets and Liabilities
Intangible assets and liabilities are summarized as follows (in thousands):
 
December 31, 2015
 
December 31, 2014
 
Gross Carrying Amount
 
Accumulated
Amortization
 
Net Carrying Amount
 
Gross Carrying Amount
 
Accumulated
Amortization
 
Net Carrying Amount
Amortizable Intangible Assets
 
 
 
 
 
 
 
 
 
 
 
In-place lease and tenant relationship
$
588,858

 
$
(143,635
)
 
$
445,223

 
$
551,569

 
$
(119,125
)
 
$
432,444

Above-market rent
88,288

 
(20,405
)
 
67,883

 
92,548

 
(16,539
)
 
76,009

Below-market ground leases
12,184

 
(322
)
 
11,862

 
7,124

 
(199
)
 
6,925

 
689,330

 
(164,362
)
 
524,968

 
651,241

 
(135,863
)
 
515,378

Unamortizable Intangible Assets
 
 
 
 
 
 
 
 
 
 
 
Goodwill
304

 
—

 
304

 
304

 
—

 
304

Total intangible assets
$
689,634

 
$
(164,362
)
 
$
525,272

 
$
651,545

 
$
(135,863
)
 
$
515,682

 
 
 
 
 
 
 
 
 
 
 
 
Amortizable Intangible Liabilities
 
 
 
 
 
 
 
 
 
 
 
Below-market rent
$
(116,952
)
 
$
21,364

 
$
(95,588
)
 
$
(116,887
)
 
$
13,293

 
$
(103,594
)
Above-market ground lease
(1,145
)
 
32

 
(1,113
)
 
(1,145
)
 
17

 
(1,128
)
Total intangible liabilities
$
(118,097
)
 
$
21,396

 
$
(96,701
)
 
$
(118,032
)
 
$
13,310

 
$
(104,722
)
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense
Based on the intangible assets and liabilities recorded at December 31, 2015, scheduled annual net amortization of intangibles for the next five calendar years and thereafter is as follows (in thousands):
Years Ending December 31,
 
Net Increase in Rental Income
 
Increase to Amortization/Property Expenses
 
Net
2016
 
$
(507
)
 
$
36,159

 
$
35,652

2017
 
(292
)
 
34,331

 
34,039

2018
 
(268
)
 
34,235

 
33,967

2019
 
(260
)
 
33,998

 
33,738

2020
 
(267
)
 
33,784

 
33,517

Thereafter
 
(26,111
)
 
283,465

 
257,354

 
 
$
(27,705
)
 
$
455,972

 
$
428,267