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Intangible Assets and Liabilities (Tables)
3 Months Ended
Mar. 31, 2016
Intangible Assets And Liabilities [Abstract]  
Schedule of Goodwill
The following table presents a reconciliation of our goodwill, which is included in our Net Lease reporting unit (in thousands):
 
 
Three Months Ended
March 31, 2016
Balance at January 1, 2016
 
$
23,389

Foreign currency translation
 
1,405

Balance at March 31, 2016
 
$
24,794



Schedule Of Intangible Assets and Liabilities
Intangible assets, intangible liabilities, and goodwill are summarized as follows (in thousands):
 
March 31, 2016
 
December 31, 2015
 
Gross Carrying Amount
 
Accumulated Amortization
 
Net Carrying Amount
 
Gross Carrying Amount
 
Accumulated Amortization
 
Net Carrying Amount
Amortizable Intangible Assets
 
 
 
 
 
 
 
 
 
 
 
In-place lease
$
263,123

 
$
(54,165
)
 
$
208,958

 
$
255,510

 
$
(43,090
)
 
$
212,420

Below-market ground lease
21,842

 
(445
)
 
21,397

 
20,894

 
(325
)
 
20,569

Above-market rent
12,509

 
(1,641
)
 
10,868

 
12,174

 
(1,322
)
 
10,852

 
297,474

 
(56,251
)
 
241,223

 
288,578

 
(44,737
)
 
243,841

Unamortizable Intangible Assets
 
 
 
 
 
 
 
 
 
 
 
Goodwill
24,794

 

 
24,794

 
23,389

 

 
23,389

Total intangible assets
$
322,268

 
$
(56,251
)
 
$
266,017

 
$
311,967

 
$
(44,737
)
 
$
267,230

 
 
 
 
 
 
 
 
 
 
 
 
Amortizable Intangible Liabilities
 
 
 
 
 
 
 
 
 
 
 
Below-market rent
$
(15,505
)
 
$
2,111

 
$
(13,394
)
 
$
(15,439
)
 
$
1,546

 
$
(13,893
)
Above-market ground lease
(118
)
 
2

 
(116
)
 
(121
)
 
2

 
(119
)
Total intangible liabilities
$
(15,623
)
 
$
2,113

 
$
(13,510
)
 
$
(15,560
)
 
$
1,548

 
$
(14,012
)