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Other Assets, Net (Tables)
6 Months Ended
Jun. 30, 2016
Other Assets [Abstract]  
Components of Other Assets

Other assets consist of the following (in thousands):  

 

 

June 30, 2016

 

 

December 31, 2015

 

Intangible assets:

 

 

 

 

 

 

 

In-place leases, net

$

112,334

 

 

$

130,330

 

Above-market leases, net

 

40,126

 

 

 

46,214

 

Tenant relations, net

 

119,022

 

 

 

134,504

 

Total intangible assets, net(A)

 

271,482

 

 

 

311,048

 

Other assets:

 

 

 

 

 

 

 

Prepaid expenses

 

32,421

 

 

 

28,923

 

Other assets

 

5,766

 

 

 

6,293

 

Deposits

 

6,903

 

 

 

7,536

 

Deferred charges, net

 

5,422

 

 

 

6,113

 

Total other assets, net

$

321,994

 

 

$

359,913

 

(A)

The Company recorded amortization expense related to its intangibles, excluding above- and below- market leases, of $21.3 million and $23.0 million for the three months ended June 30, 2016 and 2015, respectively, and $40.8 million and $48.6 million for the six months ended June 30, 2016 and 2015, respectively.