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Intangible Assets and Acquired Below-Market Leases, net (Tables)
12 Months Ended
Dec. 31, 2015
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Identifiable Intangible Assets and Acquired Above- and Below-Market Leases
Our identifiable intangible assets and acquired below-market leases, net, are summarized as follows (in thousands):

 
December 31,
2015
 
December 31,
2014
Acquired leasing commissions:
 
 
 
Gross amount
$
7,499

 
$
6,913

Accumulated amortization
(4,073
)
 
(3,783
)
Acquired leasing commissions, net
3,426

 
3,130

 
 
 
 
Acquired leases in place:
 

 
 

Gross amount
5,290

 
5,624

Accumulated amortization
(5,175
)
 
(5,500
)
Acquired leases in place, net
115

 
124

 
 
 
 
Acquired tenant relationship costs:
 

 
 

Gross amount
9,254

 
9,254

Accumulated amortization
(8,776
)
 
(8,223
)
Acquired tenant relationship costs, net
478

 
1,031

 
 
 
 
Acquired other intangibles:
 

 
 

Gross amount
3,077

 
3,125

Accumulated amortization
(1,108
)
 
(1,092
)
Acquired other intangibles, net
1,969

 
2,033

 
 
 
 
Intangible assets, net
$
5,988

 
$
6,318

 
 
 
 
Acquired below-market leases:
 

 
 

Gross amount
$
6,556

 
$
6,640

Accumulated amortization
(3,314
)
 
(3,166
)
Acquired below-market leases, net
$
3,242

 
$
3,474

Schedule of Intangible Assets, Acquired Above- and Below-Market Lease Amortization
 
For the year ended December 31,
 
2015
 
2014
Intangible assets amortization
$
1,561

 
$
1,827

Acquired below-market lease amortization
$
232

 
$
250

Schedule of Estimated Net Amortization of Intangible Assets and Acquired Above- and Below-Market Leases for the Next Five Years
The following table summarizes the estimated net amortization of intangible assets and acquired below-market leases at December 31, 2015 for the next five years (in thousands):
 
2016
 
2017
 
2018
 
2019
 
2020
 
Thereafter
 
Total
 
Weighted Average Amort. Period (Years)
Leasing commissions
$
902

 
$
789

 
$
529

 
$
405

 
$
271

 
$
530

 
$
3,426

 
3.3
Leases in place
8

 
8

 
8

 
8

 
8

 
75

 
115

 
7.5
Tenant relationship costs
281

 
112

 
24

 
13

 
3

 
45

 
478

 
2.5
Other intangibles
65

 
65

 
65

 
65

 
65

 
1,644

 
1,969

 
15.8
Intangible assets, net
$
1,256

 
$
974

 
$
626

 
$
491

 
$
347

 
$
2,294

 
$
5,988

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Acquired below-market leases
$
232

 
$
232

 
$
232

 
$
232

 
$
232

 
$
2,082

 
$
3,242

 
7.5