Acquired Intangible Assets and Liabilities (Tables)

12 Months Ended

Dec. 31, 2016

Acquired Intangible Assets and Liabilities

Schedule of above-market and below-market lease intangibles and other intangibles

Above-market and below-market lease intangibles and other intangibles balances at December 31, 2016, and 2015, are as follows (in thousands):

	December 31,		December 31,
	2016		2015
Lease contracts above-market value	$	2,080	$	2,191
Accumulated amortization		(1,698)		(1,756)
Lease contracts above-market value, net	$	382	$	435
Lease contracts below-market value	$	9,731	$	9,972
Accumulated amortization		(5,439)		(5,279)
Lease contracts below-market value, net	$	4,292	$	4,693
Other identified intangible assets	$	20,218	$	13,960
Accumulated amortization		(10,687)		(9,681)
Other identified intangible assets, net	$	9,531	$	4,279

Schedule of estimated amortization of acquired below-market leases, net of acquired above-market leases

The estimated amortization of acquired below‑market leases, net of acquired above‑market leases for each of the five succeeding fiscal years, which will be a net increase to rental revenue, is as follows (in thousands):

Year Ending December31,
2017	$	600
2018		603
2019		280
2020		175
2021		168
Thereafter		2,084
Total	$	3,910

The estimated amortization of deferred leasing costs for each of the five succeeding fiscal years

The estimated amortization of all other identified intangible assets for each of the five succeeding fiscal years is as follows (in thousands):

Year Ending December 31,
2017	$	3,410
2018		2,028
2019		1,509
2020		851
2021		807
Thereafter		926
Total	$	9,531