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Intangibles
6 Months Ended
Jun. 30, 2016
Intangibles  
Intangibles

NOTE 8.  Intangibles

At June 30, 2016 and December 31, 2015, gross intangible lease assets, comprised of lease-up intangibles, above market tenant lease intangibles and below market ground lease intangibles, were $970 million and $984 million, respectively. At June 30, 2016 and December 31, 2015, the accumulated amortization of intangible assets was $419 million and $380 million, respectively.

 

At June 30, 2016 and December 31, 2015, gross intangible lease liabilities, comprised of below market tenant lease intangibles and above market ground lease intangibles, were $155 million and $156 million, respectively. At June 30, 2016 and December 31, 2015, the accumulated amortization of intangible liabilities was $106 million and $100 million, respectively.