Lease Intangibles (Tables)

12 Months Ended

Dec. 31, 2016

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Finite-Lived Intangible Assets

Intangible assets and liabilities are summarized as follows (in thousands):

	December 31, 2016									December 31, 2015
	Gross Carrying Amount			Accumulated Amortization			Net Carrying Amount			Gross Carrying Amount			Accumulated Amortization			Net Carrying Amount
Amortizable Intangible Assets
In-place lease intangible assets	$	156,420		$	(47,827	)	$	108,593		$	84,443		$	(37,996	)	$	46,447
Above-market rent	16,649			(10,658		)	5,991			19,545			(13,399		)	6,146
	$	173,069		$	(58,485	)	$	114,584		$	103,988		$	(51,395	)	$	52,593
Amortizable Intangible Liabilities
Below-market rent	$	(137,032	)	$	32,004		$	(105,028	)	$	(65,607	)	$	33,799		$	(31,808	)
	$	(137,032	)	$	32,004		$	(105,028	)	$	(65,607	)	$	33,799		$	(31,808	)

Schedule of Amortization of Acquired Lease Intangible Assets and Liabilities

The scheduled amortization of acquired lease intangible assets and assumed liabilities as of December 31, 2016 is as follows (in thousands):

	Net Increase in Lease Revenues		Increase to Amortization		Net
2017	$	9,253	$	21,433	$	(12,180	)
2018	9,415		17,966		(8,551		)
2019	9,157		12,416		(3,259		)
2020	8,117		10,413		(2,296		)
2021	6,974		9,066		(2,092		)
Thereafter	56,121		37,299		18,822
Total	$	99,037	$	108,593	$	(9,556	)