Identified Intangible Assets and Liabilities (Tables)

3 Months Ended

Mar. 31, 2019

Finite-Lived Intangible Assets and Liabilities

Schedule of Identified Intangible Assets and Intangible Liabilities

The following summarizes our identified intangible assets (primarily above-market leases) and liabilities (primarily acquired below-market leases) as of March 31, 2019 and December 31, 2018.

(Amounts in thousands)	Balance as of
	March 31, 2019			December 31, 2018
Identified intangible assets:
Gross amount	$	131,910		$	308,895
Accumulated amortization	(97,749		)	(172,114		)
Total, net	$	34,161		$	136,781
Identified intangible liabilities (included in deferred revenue):
Gross amount	$	386,512		$	503,373
Accumulated amortization	(321,152		)	(341,779		)
Total, net	$	65,360		$	161,594

Below Market Leases Net Of Above Market Leases

Finite-Lived Intangible Assets and Liabilities

Schedule of future amortization expense of intangible assets

Estimated annual amortization of acquired below-market leases, net of acquired above-market leases, for each of the five succeeding years commencing January 1, 2020 is as follows:

(Amounts in thousands)
2020	$	16,605
2021	11,932
2022	8,800
2023	6,269
2024	2,497

Other Identified Intangible Assets

Finite-Lived Intangible Assets and Liabilities

Schedule of future amortization expense of intangible assets

Estimated annual amortization of all other identified intangible assets including acquired in-place leases for each of the five succeeding years commencing January 1, 2020 is as follows:

(Amounts in thousands)
2020	$	6,308
2021	4,779
2022	3,049
2023	2,962
2024	2,350