Acquisitions (Tables)

6 Months Ended

Jun. 30, 2016

Business Combinations [Abstract]

Schedule of Acquisition Cost of Power Center

The fair value of the acquisition was allocated as follows (in thousands):

				Weighted-Average Amortization Period (in Years)
Land	$	11,859		N/A
Buildings		41,433		(A)
Tenant improvements		1,184		(A)
In-place leases (including lease origination costs and fair market value of leases)		6,125			4.5
Tenant relations		2,607			8.1
		63,208
Less: Below-market leases		(2,968	)		16.7
Less: Other liabilities assumed		(354	)	N/A
Net assets acquired	$	59,886

(A) Depreciated in accordance with the Company’s policy.