Deferred Revenue and Acquisition Related Liabilities, net (Tables)

12 Months Ended

Dec. 31, 2016

Deferred Revenue Disclosure [Abstract]

Deferred revenue and acquisition-related liabilities

Deferred revenue and acquisition-related liabilities, net consisted of the following at December 31, 2016 and 2015:

	December 31,
	2016		2015
	(in thousands)
Deferred revenue related to tenant-funded tenant improvements (1)	$	99,489	$	90,825
Other deferred revenue	9,293		5,007
Acquisition-related intangible liabilities, net (2)	41,578		32,324
Total	$	150,360	$	128,156

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(1) Excludes deferred revenue related to tenant-funded tenant improvements related to properties held for sale at December 31, 2015.

(2) See Note 2 “Basis of Presentation and Significant Accounting Policies” and Note 5 “Deferred Leasing Costs and Acquisition-related Intangible Assets and Liabilities, net” for additional information.

Estimated amortization of deferred revenue related to tenant-funded improvements

The following is the estimated amortization of deferred revenue related to tenant-funded tenant improvements as of December 31, 2016 for the next five years and thereafter:

Year Ending	(in thousands)
2017	$	14,453
2018	13,891
2019	12,349
2020	11,767
2021	10,524
Thereafter	36,505
Total	$	99,489