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Favorable and Unfavorable Acquired Lease Contracts (Tables)
12 Months Ended
Dec. 31, 2013
Favorable and Unfavorable Acquired Lease Contracts  
Schedule of favorable and unfavorable lease contracts

 

 

 
  Favorable   (Unfavorable)  
 
  December 31,   December 31,  
 
  2013   2012   2013   2012  

Acquired fair value of lease contracts

  $ 77,621   $ 80,235   $ (92,093 ) $ (98,290 )

Accumulated (amortization) accretion

    (17,587 )   (5,522 )   17,963     6,065  
                   

Total acquired fair value of lease contracts, net

    60,034     74,713     (74,130 )   (92,225 )
                   
Schedule of expected future amortization (accretion) of lease contract rights
 
  Favorable   (Unfavorable)   Favorable
(Unfavorable)
Net
 

2014

  $ 11,739   $ (12,301 ) $ (562 )

2015

    9,649     (11,061 )   (1,412 )

2016

    8,559     (10,312 )   (1,753 )

2017

    6,506     (9,117 )   (2,611 )

2018

    4,059     (7,394 )   (3,335 )

2019 and Thereafter

    19,522     (23,945 )   (4,423 )
               

Total

  $ 60,034   $ (74,130 ) $ (14,096 )