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

3 Months Ended

Mar. 31, 2015

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 March 31, 2015 and December 31, 2014 (in thousands): 

	March 31, 2015			December 31, 2014
In-place leases	$	53,383		$	53,967
Accumulated amortization	(36,001		)	(35,336		)
Above market leases	22,291			22,500
Accumulated amortization	(17,644		)	(17,397		)
Acquired lease intangible assets, net	$	22,029		$	23,734
Below market leases	$	70,013		$	70,013
Accumulated accretion	(28,344		)	(27,161		)
Acquired lease intangible liabilities, net	$	41,669		$	42,852