Investments in Real Estate (Tables)

9 Months Ended

Sep. 30, 2013

Investments in Real Estate

Schedule of future impact of above-market, below-market and in-place lease intangibles

The following table presents the estimated impact during the next five years and thereafter related to the net decrease to rental revenue from the amortization of the acquired above-market and below-market lease intangibles and the increase to amortization expense from the amortization of the in-place lease intangibles for properties owned at September 30, 2013 (in thousands):

	Net decrease			Increase to
	to rental			amortization
	revenue			expense
2013	$	(2,419	)	$	19,092
2014	(9,771		)	75,917
2015	(9,614		)	72,436
2016	(9,469		)	70,236
2017	(9,447		)	69,239
Thereafter	(20,852		)	449,708
Totals	$	(61,572	)	$	756,628

Schedule of pro forma total revenue and income from continuing operations

			Income from
	Total		continuing
Dollars in millions	revenue		operations
Supplemental pro forma for the nine months ended September 30, 2013	$	606.1	$	166.0
Supplemental pro forma for the nine months ended September 30, 2012	$	540.1	$	146.1