XML 56 R16.htm IDEA: XBRL DOCUMENT v2.4.0.8
OTHER ASSETS
 9 Months Ended
Sep. 30, 2014
Other Assets [Abstract]  
Other Assets
OTHER ASSETS
 
A summary of the Company’s Other Assets follows:
 
September 30,
2014
 
December 31,
2013
 
(In thousands)
Leasing costs (principally commissions)                                                                                  
$
53,872

 
48,473

Accumulated amortization of leasing costs                                                       
(21,931
)
 
(18,855
)
Leasing costs (principally commissions), net of accumulated amortization
31,941

 
29,618

 
 
 
 
Straight-line rents receivable                                                                                  
24,842

 
24,030

Allowance for doubtful accounts on straight-line rents receivable
(104
)
 
(376
)
Straight-line rents receivable, net of allowance for doubtful accounts
24,738

 
23,654

 
 
 
 
Accounts receivable                                                                                  
4,867

 
4,863

Allowance for doubtful accounts on accounts receivable
(408
)
 
(349
)
Accounts receivable, net of allowance for doubtful accounts
4,459

 
4,514

 
 
 
 
Acquired in-place lease intangibles                                                                                  
19,959

 
16,793

Accumulated amortization of acquired in-place lease intangibles
(7,420
)
 
(5,366
)
Acquired in-place lease intangibles, net of accumulated amortization
12,539

 
11,427

 
 
 
 
Acquired above market lease intangibles                                                                                  
1,575

 
1,835

Accumulated amortization of acquired above market lease intangibles
(634
)
 
(659
)
Acquired above market lease intangibles, net of accumulated amortization
941

 
1,176

 
 
 
 
Mortgage loans receivable                                                                                  
8,776

 
8,894

Discount on mortgage loans receivable                                                       
(16
)
 
(24
)
Mortgage loans receivable, net of discount                                                                                  
8,760

 
8,870

 
 
 
 
Loan costs                                                                                  
8,102

 
8,050

Accumulated amortization of loan costs                                                         
(4,141
)
 
(3,601
)
Loan costs, net of accumulated amortization                                                     
3,961

 
4,449

 
 
 
 
Interest rate swap assets
1,361

 
1,692

Escrow deposits for 1031 exchange
7,553

 
—

Goodwill                                                                                  
990

 
990

Prepaid expenses and other assets                                                                                  
5,225

 
7,037

Total Other Assets
$
102,468

 
93,427