Supplemental Detail for Certain Components of Consolidated Balance Sheets (Tables)

12 Months Ended

Dec. 31, 2016

Supplemental Detail for Certain Components of Consolidated Balance Sheets

Schedule of acquired lease intangible assets, net

A. Acquired lease intangible assets, net, consist of the following	December 31,			December 31,
(dollars in thousands) at:	2016			2015
Acquired in-place leases	$	1,164,075		$	1,056,715
Accumulated amortization of acquired in-place leases	(358,040		)	(264,399		)
Acquired above-market leases	365,005			304,548
Accumulated amortization of acquired above-market leases	(88,720		)	(62,447		)
	$	1,082,320		$	1,034,417

Other assets, net

	December 31,		December 31,
B. Other assets, net, consist of the following (dollars in thousands) at:	2016		2015
Prepaid expenses	14,406		14,258
Credit facility origination costs, net	7,303		10,226
Notes receivable issued in connection with property sales	5,390		17,905
Restricted escrow deposits	4,246		4,179
Corporate assets, net	3,585		2,313
Impounds related to mortgages payable	2,015		5,860
Other items	744		44
	$	37,689	$	54,785

Distributions payable

C. Distributions payable consist of the following declared	December 31,		December 31,
distributions (dollars in thousands) at:	2016		2015
Common stock distributions	$	52,896	$	47,963
Preferred stock dividends	2,257		2,257
Noncontrolling interests distributions	82		124
	$	55,235	$	50,344

Accounts payable and accrued expenses

D. Accounts payable and accrued expenses consist of the	December 31,		December 31,
following (dollars in thousands) at:	2016		2015
Notes payable - interest payable	$	60,668	$	61,486
Property taxes payable	16,949		13,354
Accrued costs on properties under development	9,049		9,976
Mortgages, term loans, credit line - interest payable and interest rate swaps	5,432		6,813
Other items	29,058		24,197
	$	121,156	$	115,826

Schedule of acquired lease intangible liabilities, net

E. Acquired lease intangible liabilities, net, consist of the	December 31,			December 31,
following (dollars in thousands) at:	2016			2015
Acquired below-market leases	$	318,926		$	288,412
Accumulated amortization of acquired below-market leases	(54,720		)	(37,496		)
	$	264,206		$	250,916

Other liabilities

F. Other liabilities consist of the following	December 31,		December 31,
(dollars in thousands) at:	2016		2015
Rent received in advance and other deferred revenue (1)	$	74,098	$	42,840
Security deposits	6,502		6,418
Capital lease obligations	5,016		4,707
	$	85,616	$	53,965

(1) In connection with Diageo’s sale of its wine business to Treasury Wine Estates, we agreed to release Diageo from its guarantee of our leases in exchange for Diageo’s payment of $75 million of additional rent to us.  The additional rent was paid in two equal installments, one of which was received in August 2016 for $37.5 million and was recorded as prepaid rent.  The final payment of $37.5 million was received in January 2017, at which time Treasury Wine Estates became the guarantor of our leases on those properties.  We have accounted for this transaction as a lease modification and the additional rent will be recognized on a straight-line basis over the remaining lease terms of approximately 15 years.