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Acquired In-Place Leases and Above/Below Market Leases (Tables)
12 Months Ended
Dec. 31, 2015
Leases [Abstract]  
Schedule of acquired lease intangibles included in other assets and other liabilities
Increases (decreases) in net income as a result of amortization of our in-place leases, above market leases and below market leases are as follows (in thousands): 
    
 
Year Ended December 31,
  
2015
 
2014
 
2013
Amortization of in-place leases
$
(4,767
)
 
$
(5,903
)
 
$
(9,120
)
Amortization of above market leases
(1,767
)
 
(2,296
)
 
(4,052
)
Amortization of below market leases
4,686

 
5,057

 
6,440

Net loss
$
(1,848
)
 
$
(3,142
)
 
$
(6,732
)
The following summarizes our acquired lease intangibles, which are included in other assets and other liabilities and deferred credits (in thousands):
    
 
December 31, 2015
 
December 31, 2014
In-place leases
$
52,289

 
$
53,967

Accumulated amortization
(38,425
)
 
(35,336
)
Above market leases
22,201

 
22,500

Accumulated amortization
(18,864
)
 
(17,397
)
Acquired lease intangible assets, net
$
17,201

 
$
23,734

Below market leases
$
68,973

 
$
70,013

Accumulated accretion
(30,806
)
 
(27,161
)
Acquired lease intangible liabilities, net
$
38,167

 
$
42,852

Future Amortization for Acquired In-Place Leases
As of December 31, 2015, the amortization for acquired leases during the next five years and thereafter, assuming no early lease terminations, is as follows (in thousands): 
    
 
In-Place
Leases
 
Above Market
Leases
 
Below Market
Leases
Year Ending December 31,
 
 
 
 
 
2016
$
3,931

 
$
1,248

 
$
4,605

2017
3,189

 
932

 
4,235

2018
1,893

 
628

 
3,572

2019
1,452

 
319

 
3,481

2020
909

 
99

 
2,917

Thereafter
2,490

 
111

 
19,357

 
$
13,864

 
$
3,337

 
$
38,167