Intangible Assets and Liabilities (Tables)

3 Months Ended

Mar. 31, 2016

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Intangible Assets and Liabilities

Intangible assets and liabilities, included in Intangible assets, net and Accounts payable, accrued expenses and other liabilities, respectively, in the consolidated financial statements, are summarized as follows (dollars in thousands):

		March 31, 2016									December 31, 2015
	Amortization Period (Years)	Gross Carrying Amount			Accumulated Amortization			Net Carrying Amount			Gross Carrying Amount			Accumulated Amortization			Net Carrying Amount
Amortizable Intangible Assets
Villa/condo rental programs	45 – 55	$	72,400		$	(2,382	)	$	70,018		$	72,400		$	(2,005	)	$	70,395
Below-market hotel ground leases and parking garage lease	9.6 - 92.5	11,655			(384		)	11,271			11,655			(337		)	11,318
In-place leases	2 – 21	317			(172		)	145			317			(153		)	164
Total intangible assets, net		$	84,372		$	(2,938	)	$	81,434		$	84,372		$	(2,495	)	$	81,877
Amortizable Intangible Liability
Above-market hotel ground lease	85	$	(2,100	)	$	46		$	(2,054	)	$	(2,100	)	$	39		$	(2,061	)