Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2013

Depreciation expense is computed using the straight-line method based on the following useful lives:



	Years
Buildings and Improvements	7 to 50
Land Improvements	3 to 20
Furniture, Fixtures and Equipment	4 to 10
Tenant Improvements	Shorter of Lease Term or Useful Life

Deferred Leasing Intangibles Included in total assets and liabilities

Deferred leasing intangibles, net of accumulated amortization, included in our total assets and total liabilities consist of the following:



	December 31, 2013		December 31, 2012
In-Place Leases	$	14,045	$	15,216
Above Market Leases	3,004		3,829
Tenant Relationships	9,532		10,329
Total Included in Total Assets, Net of $26,663 and $32,614 of Accumulated Amortization	$	26,581	$	29,374
Below Market Leases	$	11,879	$	13,597
Total Included in Total Liabilities, Net of $7,604 and $8,527 of Accumulated Amortization	$	11,879	$	13,597

Net Amortization Related to Deferred Leasing Intangibles

We will recognize net amortization related to deferred leasing intangibles over the next five years, for properties owned as of December 31, 2013 as follows:



	Estimated Amortization of In-Place Leases and Tenant Relationships		Estimated Net Increase to Rental Revenues Related to Above and Below Market Leases
2014	$	4,652	$	388
2015	$	4,086	$	375
2016	$	3,066	$	888
2017	$	2,797	$	828
2018	$	1,932	$	756