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Intangible Assets and Below Market Leaes Liabilities
 12 Months Ended
Dec. 31, 2014
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets and Below Market Lease Liabilities
Intangible Assets and Below Market Lease Liabilities

The following table sets forth total intangible assets and acquisition-related below market lease liabilities, net of accumulated amortization:

 
December 31,
 
2014
 
2013
Assets:
 
 
 
Deferred financing costs
$
19,478

 
$
17,363

Less accumulated amortization
(7,953
)
 
(5,204
)
 
11,525

 
12,159

Deferred leasing costs (including lease incentives and above market lease and in-place lease acquisition-related intangible assets)
322,094

 
297,068

Less accumulated amortization
(104,851
)
 
(87,016
)
 
217,243

 
210,052

Deferred financing and leasing costs, net
$
228,768

 
$
222,211

 
 
 
 
Liabilities (in accounts payable, accrued expenses and other liabilities):
 
 
 
Acquisition-related below market lease liabilities
$
55,783

 
$
55,323

Less accumulated amortization
(13,548
)
 
(8,478
)
 
$
42,235

 
$
46,845


The following table sets forth amortization of intangible assets and below market lease liabilities:

 
Year Ended December 31,
 
2014
 
2013
 
2012
Amortization of deferred financing costs
$
3,082

 
$
3,802

 
$
3,685

Amortization of deferred leasing costs and acquisition-related intangible assets (in depreciation and amortization)
$
39,402

 
$
37,094

 
$
26,509

Amortization of lease incentives (in rental and other revenues)
$
1,465

 
$
1,409

 
$
1,389

Amortization of acquisition-related intangible assets (in rental and other revenues)
$
4,549

 
$
3,676

 
$
1,357

Amortization of acquisition-related intangible assets (in rental property and other expenses)
$
557

 
$
556

 
$
186

Amortization of acquisition-related below market lease liabilities (in rental and other revenues)
$
(6,129
)
 
$
(5,316
)
 
$
(2,627
)


5.    Intangible Assets and Below Market Lease Liabilities - Continued

The following table sets forth scheduled future amortization of intangible assets and below market lease liabilities:

Years Ending December 31,
 
Amortization
of Deferred Financing
Costs
 
Amortization
of Deferred Leasing Costs and Acquisition-Related Intangible Assets (in Depreciation and Amortization)
 
Amortization
of Lease Incentives (in Rental and Other Revenues)
 
Amortization
of Acquisition-Related Intangible Assets (in Rental and Other Revenues)
 
Amortization of Acquisition-Related Intangible Assets (in Rental Property and Other Expenses)
 
Amortization
of Acquisition-Related Below Market Lease Liabilities (in Rental and Other Revenues)
2015
 
$
3,064

 
$
40,621

 
$
1,214

 
$
4,375

 
$
553

 
$
(5,990
)
2016
 
2,794

 
34,317

 
1,051

 
3,057

 
553

 
(5,673
)
2017
 
2,517

 
30,109

 
978

 
2,255

 
553

 
(5,410
)
2018
 
1,387

 
25,650

 
874

 
1,463

 
553

 
(5,247
)
2019
 
660

 
21,285

 
686

 
1,047

 
553

 
(4,915
)
Thereafter
 
1,103

 
39,960

 
2,148

 
2,859

 
529

 
(15,000
)
 
 
$
11,525

 
$
191,942

 
$
6,951

 
$
15,056

 
$
3,294

 
$
(42,235
)
Weighted average remaining amortization periods as of December 31, 2014 (in years)
 
4.4

 
6.5

 
8.0

 
6.2

 
6.0

 
8.2



The following table sets forth the intangible assets acquired and below market lease liabilities assumed as a result of 2014 acquisition activity:

 
 
Acquisition-Related Intangible Assets (amortized in Rental and Other Revenues)
 
Acquisition-Related Intangible Assets (amortized in Depreciation and Amortization)
 
Acquisition-Related Below Market Lease Liabilities (amortized in Rental and Other Revenues)
Amount recorded from acquisition activity
 
$
1,375

 
$
12,901

 
$
(1,521
)
Weighted average remaining amortization periods as of December 31, 2014 (in years)
 
3.4

 
5.4

 
5.5