Intangible Assets and Liabilities (Tables)

9 Months Ended

Sep. 30, 2014

Intangible Assets and Liabilities Classified as Part of Other Assets or Other Liabilities

The following summarizes the Company’s intangible assets and liabilities classified as part of other assets or other liabilities at September 30, 2014 and December 31, 2013, respectively (in thousands):

	Assets
	September 30, 2014							December 31, 2013
	Gross Amount		Accumulated Amortization			Net		Gross Amount		Accumulated Amortization			Net
Above market leases	$	5,512	$	(2,830	)	$	2,682	$	6,437	$	(3,452	)	$	2,985
In-place lease assets		652		(179	)		473		652		(130	)		522
Operator relationship		212		(47	)		165		212		(34	)		178
	$	6,376	$	(3,056	)	$	3,320	$	7,301	$	(3,616	)	$	3,685

	Liabilities
	September 30, 2014							December 31, 2013
	Gross Amount		Accumulated Amortization			Net		Gross Amount		Accumulated Amortization			Net
Below market leases	$	12,933	$	(6,212	)	$	6,721	$	17,623	$	(10,059	)	$	7,564