TENANT ORIGINATION AND ABSORPTION COSTS, ABOVE-MARKET LEASE ASSETS AND BELOW-MARKET LEASE LIABILITIES

As of December 31, 2013 and 2012, the Company’s tenant origination and absorption costs, above-market lease assets and below-market lease liabilities (excluding fully amortized assets and liabilities and accumulated amortization) were as follows (in thousands):



	Tenant Origination and Absorption Costs						Above-Market Lease Assets						Below-Market Lease Liabilities
	December 31, 2013			December 31, 2012			December 31, 2013			December 31, 2012			December 31, 2013			December 31, 2012
Cost	$	128,937		$	40,418		$	8,022		$	1,025		$	(30,041	)	$	(5,659	)
Accumulated Amortization	(18,638		)	(6,268		)	(415		)	(144		)	2,711			507
Net Amount	$	110,299		$	34,150		$	7,607		$	881		$	(27,330	)	$	(5,152	)

Increases (decreases) in net income as a result of amortization of the Company’s tenant origination and absorption costs, above-market lease assets and below-market lease liabilities for the years ended December 31, 2013, 2012 and 2011 were as follows (in thousands):



	Tenant Origination and Absorption Costs								Above-Market Lease Assets									Below-Market Lease Liabilities
	For the Years Ended December 31,								For the Years Ended December 31,									For the Years Ended December 31,
	2013		2012			2011			2013			2012			2011			2013		2012		2011
Amortization	(14,114	)	$	(6,424	)	$	(508	)	$	(396	)	$	(136	)	$	(9	)	$	2,296	$	519	$	10

The remaining unamortized balance for these outstanding intangible assets and liabilities as of December 31, 2013 is estimated to be amortized for the years ending December 31 as follows (in thousands):



	Tenant Origination and Absorption Costs			Above-Market Lease Assets			Below-Market Lease Liabilities
2014	$	(23,913	)	$	(1,656	)	$	5,930
2015	(20,621		)	(1,503		)	5,069
2016	(17,691		)	(1,387		)	4,265
2017	(13,644		)	(1,200		)	2,760
2018	(10,719		)	(717		)	2,425
Thereafter	(23,711		)	(1,144		)	6,881
	$	(110,299	)	$	(7,607	)	$	27,330
Weighted-Average Remaining Amortization Period	6.2 years			5.9 years			6.5 years