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Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2013
Finite-Lived Intangible Assets [Line Items]  
Balances of major classes of depreciable assets and their respective estimated useful lives
Balances of major classes of depreciable assets (in thousands) and their respective estimated useful lives are:
 
 
 
 
December 31,
Asset Category
 
Estimated Useful Life
 
2013
 
2012
Land
 
Non-depreciable
 
$
278,780

 
$
159,039

Buildings and garages
 
40 years
 
1,973,668

 
1,369,493

Building improvements
 
7 to 40 years
 
78,450

 
65,328

Tenant improvements
 
Lesser of useful life or term of lease
 
217,138

 
168,706

 
 
  
 
$
2,548,036

 
$
1,762,566

Computation of diluted EPS
The computation of diluted EPS is as follows:
 
Year Ended
 
December 31,
 
2013
 
2012
 
2011
 
(in thousands, except per share data)
Numerator:
 
 
 
 
 
Basic and diluted net loss
 
 
 
 
 
attributable to common stockholders
$
(29,687
)
 
$
(51,249
)
 
$
(136,955
)
Denominator:
 

 
 

 
 

Basic and diluted weighted average shares
66,336

 
31,542

 
21,497

Diluted net loss per share attributable to
 

 
 

 
 

common stockholders
$
(0.45
)
 
$
(1.62
)
 
$
(6.37
)
Above and Below Market Leases
 
Finite-Lived Intangible Assets [Line Items]  
Projected amortization expense for leases
As of December 31, 2013, the remaining amortization of net below market leases is projected as a net increase to rental income as follows (in thousands):
 
Amount
2014
$
11,613

2015
7,385

2016
6,997

2017
6,121

2018
3,661

Thereafter
11,134

Total
46,911


Lease In Place Value
 
Finite-Lived Intangible Assets [Line Items]  
Projected amortization expense for leases
As of December 31, 2013, the remaining amortization expense for the value of in-place leases is projected as follows (in thousands):
 
Amount
2014
$
45,520

2015
26,386

2016
21,260

2017
15,175

2018
9,108

Thereafter
19,128

Total
136,577