XML 55 R40.htm IDEA: XBRL DOCUMENT v3.3.1.900
Identified Intangible Assets And Liabilities (Tables)
12 Months Ended
Dec. 31, 2015
Finite-Lived Intangible Assets [Line Items]  
Identifiable Intangible Assets And Liabilities Associated With Acquisition Of Property
Identified intangible assets and liabilities associated with our property acquisitions are as follows (in thousands):
 
December 31,
 
2015
 
2014
Identified Intangible Assets:
 
 
 
Above-market leases (included in Other Assets, net)
$
37,595

 
$
38,121

Above-market leases - Accumulated Amortization
(14,421
)
 
(11,331
)
Below-market assumed mortgages (included in Debt, net)
1,671

 
4,713

Below-market assumed mortgages - Accumulated Amortization
(1,307
)
 
(2,352
)
Valuation of in place leases (included in Unamortized Lease Costs, net)
148,904

 
132,554

Valuation of in place leases - Accumulated Amortization
(67,762
)
 
(56,571
)
 
$
104,680

 
$
105,134

Identified Intangible Liabilities:
 
 
 
Below-market leases (included in Other Liabilities, net)
$
50,370

 
$
42,830

Below-market leases - Accumulated Amortization
(22,080
)
 
(19,612
)
Above-market assumed mortgages (included in Debt, net)
32,777

 
34,113

Above-market assumed mortgages - Accumulated Amortization
(27,272
)
 
(27,411
)
 
$
33,795

 
$
29,920

Above-Market Leases [Member]  
Finite-Lived Intangible Assets [Line Items]  
Schedule Of Future Amortization
The estimated net amortization of these intangible assets and liabilities will decrease rental revenues for each of the next five years as follows (in thousands):
2016
$
615

2017
930

2018
853

2019
394

2020
284

In Place Leases [Member]  
Finite-Lived Intangible Assets [Line Items]  
Schedule Of Future Amortization
The estimated amortization of this intangible asset will increase depreciation and amortization for each of the next five years as follows (in thousands):
2016
$
10,757

2017
10,210

2018
9,498

2019
8,175

2020
7,462

Below-Market Assumed Mortgages [Member]  
Finite-Lived Intangible Assets [Line Items]  
Schedule Of Future Amortization
The estimated net amortization of these intangible assets and liabilities will decrease net interest expense for each of the next five years as follows (in thousands):
2016
$
819

2017
940

2018
1,047

2019
1,047

2020
276