Investments in Real Estate (Tables)

6 Months Ended

Jun. 30, 2015

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 amortization of the acquired above-market and below-market lease intangibles and the amortization of the in-place lease intangibles for properties held for investment at June 30, 2015 (in thousands):

	Net increase			Increase to
	(decrease) to			amortization
	rental revenue			expense
2015	$	(3,949	)	$	43,978
2016	(7,895		)	87,849
2017	(7,839		)	86,660
2018	(7,579		)	84,215
2019	(6,593		)	74,157
Thereafter	34,357			437,410
Totals	$	502		$	814,269