Acquired Intangible Assets, Net

6 Months Ended

Jun. 30, 2016

Finite-Lived Intangible Assets, Net [Abstract]

Acquired Intangible Assets, Net

Acquired Intangible Assets, Net

Acquired intangible assets, net, consisted of the following as of June 30, 2016 and December 31, 2015 (amounts in thousands, except weighted average life amounts):

	June 30, 2016		December 31, 2015
In-place leases, net of accumulated amortization of $44,783 and $36,260, respectively (with a weighted average remaining life of 14.4 years and 14.3 years, respectively)	$	195,882	$	191,470
Above-market leases, net of accumulated amortization of $1,139 and $932, respectively (with a weighted average remaining life of 10.7 years and 11.1 years, respectively)	3,221		3,428
Ground lease interest, net of accumulated amortization of $207 and $182, respectively (with a weighted average remaining life of 60.0 years and 60.4 years, respectively)	2,607		2,632
	$	201,710	$	197,530

The aggregate weighted average remaining life of the acquired intangible assets was 14.9 years as of June 30, 2016 and December 31, 2015, respectively.