ACQUIRED IN-PLACE LEASES AND ABOVE/BELOW MARKET LEASES (Tables)

6 Months Ended

Jun. 30, 2013

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of acquired lease intangibles included in other assets and other liabilities

The following summarizes our acquired lease intangibles and leasing costs, which are included in other assets and other liabilities and deferred credits, as of June 30, 2013 and December 31, 2012 (in thousands): 

	June 30, 2013			December 31, 2012
In-place leases	$	70,336		$	72,598
Accumulated amortization	(41,445		)	(38,290		)
Above market leases	29,974			32,846
Accumulated amortization	(20,799		)	(21,363		)
Acquired lease intangible assets, net	$	38,066		$	45,791
Below market leases	$	79,706		$	80,071
Accumulated accretion	(28,360		)	(25,721		)
Acquired lease intangible liabilities, net	$	51,346		$	54,350