Investments in Real Estate (Tables)

12 Months Ended

Dec. 31, 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 December 31, 2015 (in thousands):

	Net increase			Increase to
	(decrease) to			amortization
	rental revenue			expense
2016	$	(8,075	)	$	89,858
2017	(8,019		)	88,669
2018	(7,771		)	86,174
2019	(6,781		)	76,109
2020	(6,108		)	70,915
Thereafter	45,569			380,591
Totals	$	8,815		$	792,316