Intangible Lease Liabilities, Net

6 Months Ended

Jun. 30, 2016

Intangible Lease Liabilities, Net [Abstract]

Intangible Lease Liabilities, Net

Intangible Lease Liabilities, Net

Intangible lease liabilities, 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
Below-market leases, net of accumulated amortization of $14,325 and $12,437, respectively (with a weighted average remaining life of 17.4 years and 17.7 years, respectively)	$	46,080	$	47,968
Ground leasehold liabilities, net of accumulated amortization of $239 and $177, respectively (with a weighted average remaining life of 42.7 years and 43.2 years, respectively)	5,086		5,148
	$	51,166	$	53,116

The aggregate weighted average remaining life of intangible lease liabilities was 19.9 years and 20.2 years as of June 30, 2016 and December 31, 2015, respectively.