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Intangible Assets and Liabilities (Tables)
3 Months Ended
Mar. 31, 2016
Intangible Assets And Liabilities [Abstract]  
Schedule Of Acquired Intangible Assets Liabilities By Major Class
In connection with our investment activity during the three months ended March 31, 2016, we recorded net lease intangibles comprised as follows (life in years, dollars in thousands):
 
Weighted-Average Life
 
Amount
Amortizable Intangible Assets
 
 
 
In-place lease
19.7
 
$
1,088

Above-market rent
20.0
 
221

 
 
 
$
1,309

Schedule Of Intangible Assets and Liabilities
Intangible assets, intangible liabilities, and goodwill are summarized as follows (in thousands):
 
March 31, 2016
 
December 31, 2015
 
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
$
593,874

 
$
(150,239
)
 
$
443,635

 
$
588,858

 
$
(143,635
)
 
$
445,223

Above-market rent
90,212

 
(22,017
)
 
68,195

 
88,288

 
(20,405
)
 
67,883

Below-market ground leases
12,409

 
(370
)
 
12,039

 
12,184

 
(322
)
 
11,862

 
696,495

 
(172,626
)
 
523,869

 
689,330

 
(164,362
)
 
524,968

Unamortizable Intangible Assets
 
 
 
 
 
 
 
 
 
 
 
Goodwill
304

 

 
304

 
304

 

 
304

Total intangible assets
$
696,799

 
$
(172,626
)
 
$
524,173

 
$
689,634

 
$
(164,362
)
 
$
525,272

 
 
 
 
 
 
 
 
 
 
 
 
Amortizable Intangible Liabilities
 
 
 
 
 
 
 
 
 
 
 
Below-market rent
$
(117,719
)
 
$
22,882

 
$
(94,837
)
 
$
(116,952
)
 
$
21,364

 
$
(95,588
)
Above-market ground lease
(1,145
)
 
35

 
(1,110
)
 
(1,145
)
 
32

 
(1,113
)
Total intangible liabilities
$
(118,864
)
 
$
22,917

 
$
(95,947
)
 
$
(118,097
)
 
$
21,396

 
$
(96,701
)