ACQUIRED LEASE INTANGIBLES AND BELOW-MARKET LEASE LIABILITIES (Tables)

12 Months Ended

Dec. 31, 2013

Intangibles [Abstract]

Acquired Lease Intangibles and Below Market Lease Liabilities

As of December 31, 2013 and December 31, 2012, the Company’s acquired lease intangibles and below-market lease liabilities were as follows:

	Lease Intangibles				Below - Market Lease Liabilities
	December 31, 2013		December 31, 2012		December 31, 2013		December 31, 2012
Cost	$	23,243,000	$	39,853,000	$	(7,133,000)	$	(12,764,000)
Accumulated amortization		(6,902,000)		(6,118,000)		1,068,000		936,000
	$	16,341,000	$	33,735,000	$	(6,065,000)	$	(11,828,000)

Increases Decreases In Net Income As Result Of Amortization Of Acquired Lease Intangibles

Increases (decreases) in net loss as a result of amortization of the Company’s lease intangibles and below-market lease liabilities for the years ended December 31, 2013 and 2012 were as follows:

	Lease Intangibles				Below - Market Lease Liabilities
	For the Years Ended December 31,				For the Years Ended December 31,
	2013		2012		2013		2012
Amortization and accelerated amortization	$	(3,868,000)	$	(3,094,000)	$	1,408,000	$	438,000

Schedule Of Future Amortization Of Acquired Lease Intangible and Below Market Lease Liabilities

The scheduled amortization of lease intangibles and below-market lease liabilities, as of December 31, 2013, was as follows:

	Acquired		Below- market
	Lease		Lease
	Intangibles		Intangibles
2014	$	2,706,000	$	(521,000)
2015		2,180,000		(434,000)
2016		1,826,000		(377,000)
2017		1,610,000		(336,000)
2018		1,385,000		(307,000)
Thereafter		6,634,000		(4,090,000)
	$	16,341,000	$	(6,065,000)