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Deferred Costs, Acquired Lease Intangibles and Goodwill
 6 Months Ended
Jun. 30, 2016
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
Deferred Costs, Acquired Lease Intangibles and Goodwill
Deferred Costs, Acquired Lease Intangibles and Goodwill
Deferred costs, net consisted of the following as of June 30, 2016 and December 31, 2015 (amounts in thousands):  
 
June 30, 2016
 
December 31, 2015
Leasing costs
$
131,194

 
$
121,864

Acquired in-place lease value and deferred leasing costs
261,588

 
285,902

Acquired above-market leases
76,965

 
81,680

 
469,747

 
489,446

Less: accumulated amortization
(180,998
)
 
(178,767
)
Total deferred costs, net, excluding net deferred financing costs
$
288,749

 
$
310,679


At June 30, 2016, $4.0 million of net deferred financing costs associated with the unsecured revolving credit facility was included in deferred costs, net on the condensed consolidated balance sheet.    
Amortization expense related to deferred leasing costs and acquired deferred leasing costs was $5.7 million and $5.5 million for the three months ended June 30, 2016 and 2015, respectively, and $11.5 million and $11.4 million for the six months ended June 30, 2016 and 2015, respectively. Amortization expense related to acquired lease intangibles was $7.0 million and $9.3 million for the three months ended June 30, 2016 and 2015, respectively, and $14.7 million and $19.6 million for the six months ended June 30, 2016 and 2015, respectively.
Amortizing acquired intangible assets and liabilities consisted of the following as of June 30, 2016 and December 31, 2015 (amounts in thousands):
 
June 30, 2016
 
December 31, 2015
Acquired below-market ground leases
$
396,916

 
$
396,916

Less: accumulated amortization
(16,940
)
 
(13,025
)
Acquired below-market ground leases, net
$
379,976

 
$
383,891


 
June 30, 2016
 
December 31, 2015
Acquired below-market leases
$
(136,587
)
 
$
(163,290
)
Less: accumulated amortization
44,737

 
59,119

Acquired below-market leases, net
$
(91,850
)
 
$
(104,171
)

Rental revenue related to the amortization of below-market leases, net of above-market leases, was $0.9 million and $4.6 million for the three months ended June 30, 2016 and 2015, respectively, and $5.1 million and $9.9 million for the six months ended June 30, 2016 and 2015, respectively.
As of June 30, 2016, we had goodwill of $491.5 million. Goodwill was allocated $227.5 million to the observatory reportable segment and $264.0 million to the real estate segment.