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ACQUIRED IN-PLACE LEASES AND ABOVE/BELOW MARKET LEASES
 9 Months Ended
Sep. 30, 2016
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 September 30, 2016 and December 31, 2015 (in thousands): 
 
September 30, 2016
 
December 31, 2015
In-place leases
$
49,859

 
$
52,289

Accumulated amortization
(38,976
)
 
(38,425
)
Above market leases
21,780

 
22,201

Accumulated amortization
(19,398
)
 
(18,864
)
Acquired lease intangible assets, net
$
13,265

 
$
17,201

Below market leases
$
67,287

 
$
68,973

Accumulated accretion
(32,628
)
 
(30,806
)
Acquired lease intangible liabilities, net
$
34,659

 
$
38,167