Intangibles (Tables)

3 Months Ended

Mar. 31, 2017

Intangibles

Schedule of intangible lease assets

The following tables summarize the Company’s intangible lease assets and liabilities (in thousands):

	March 31,		December 31,
Intangible lease assets	2017		2016
Gross intangible lease assets	$	841,905	$	911,697
Accumulated depreciation and amortization		(409,796)		(431,892)
Intangible assets, net	$	432,109	$	479,805

Schedule of intangible lease liabilities

	March 31,		December 31,
Intangible lease liabilities	2017		2016
Gross intangible lease liabilities	$	151,890	$	163,924
Accumulated depreciation and amortization		(97,418)		(105,779)
Intangible liabilities, net	$	54,472	$	58,145