XML 40 R14.htm IDEA: XBRL DOCUMENT v2.4.0.6
Other Liabilities And Deferred Credits
 12 Months Ended
Dec. 31, 2011
Other Liabilities And Deferred Credits [Abstract]  
Other Liabilities And Deferred Credits

NOTE 8. OTHER LIABILITIES AND DEFERRED CREDITS

Other liabilities and deferred credits consist of the following (in thousands):

 

     December 31,
2011		      December 31,
2010		  

Acquired below market leases, net

    $ 48,617       $ 33,030   

Prepaid rent and deferred revenue

      5,008         5,145   

Straight-line rent liability

      433         622   

Deferred rent expense and lease intangible

      1,122         —     

Deferred compensation

      520         —     

Other liabilities

      108         49   
  

 

 

     

 

 

  

Total other liabilities and deferred credits

    $ 55,808       $ 38,846   
  

 

 

     

 

 

  

Straight-line rent liability relates to leases which have rental payments that decrease over time or one-time upfront payments for which the rental revenue is deferred and recognized on a straight-line basis.