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Acquired In-Place Leases and Above/Below Market Leases (Tables)
12 Months Ended
Dec. 31, 2016
Leases [Abstract]  
Schedule of acquired lease intangibles included in other assets and other liabilities
The following summarizes our acquired lease intangibles, which are included in other assets and other liabilities and deferred credits (in thousands):
    
 
December 31, 2016
 
December 31, 2015
In-place leases
$
48,741

 
$
52,289

Accumulated amortization
(38,906
)
 
(38,425
)
Above market leases
21,667

 
22,201

Accumulated amortization
(19,579
)
 
(18,864
)
Acquired lease intangible assets, net
$
11,923

 
$
17,201

Below market leases
$
66,521

 
$
68,973

Accumulated accretion
(33,073
)
 
(30,806
)
Acquired lease intangible liabilities, net
$
33,448

 
$
38,167

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,
  
2016
 
2015
 
2014
Amortization of in-place leases
$
(4,029
)
 
$
(4,767
)
 
$
(5,903
)
Amortization of above market leases
(1,248
)
 
(1,767
)
 
(2,296
)
Amortization of below market leases
4,719

 
4,686

 
5,057

Net loss
$
(558
)
 
$
(1,848
)
 
$
(3,142
)
Future Amortization for Acquired In-Place Leases
As of December 31, 2016, 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,
 
 
 
 
 
2017
$
3,091

 
$
932

 
$
4,152

2018
1,893

 
628

 
3,567

2019
1,452

 
319

 
3,476

2020
909

 
99

 
2,912

2021
558

 
24

 
2,470

Thereafter
1,932

 
86

 
16,871

 
$
9,835

 
$
2,088

 
$
33,448