Intangible Lease Liabilities, Net (Tables)

3 Months Ended

Mar. 31, 2017

Intangible Lease Liabilities, Net [Abstract]

Schedule of Intangible Lease Liabilities, Net

Intangible lease liabilities, net, consisted of the following as of March 31, 2017 and December 31, 2016 (amounts in thousands, except weighted average life amounts):

	March 31, 2017		December 31, 2016
Below-market leases, net of accumulated amortization of $16,869 and $16,031, respectively (with a weighted average remaining life of 16.9 years and 17.1 years, respectively)	$	43,536	$	44,374
Ground leasehold liabilities, net of accumulated amortization of $332 and $301, respectively (with a weighted average remaining life of 42.0 years and 42.2 years, respectively)	4,993		5,024
	$	48,529	$	49,398