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ACQUIRED IN-PLACE LEASES AND ABOVE/BELOW MARKET LEASES
 3 Months Ended
Mar. 31, 2014
Goodwill and Intangible Assets Disclosure [Abstract]  
ACQUIRED IN-PLACE LEASES AND ABOVE/BELOW MARKET LEASES
ACQUIRED IN-PLACE LEASES AND ABOVE/BELOW MARKET LEASES
The following summarizes our acquired lease intangibles and leasing costs, which are included in other assets and other liabilities and deferred credits, as of March 31, 2014 and December 31, 2013 (in thousands): 
 
March 31, 2014
 
December 31, 2013
In-place leases
$
62,734

 
$
62,813

Accumulated amortization
(39,882
)
 
(38,279
)
Above market leases
28,262

 
28,279

Accumulated amortization
(21,570
)
 
(20,880
)
Acquired lease intangible assets, net
$
29,544

 
$
31,933

Below market leases
$
76,502

 
$
76,502

Accumulated accretion
(29,887
)
 
(28,592
)
Acquired lease intangible liabilities, net
$
46,615

 
$
47,910