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ACQUIRED IN-PLACE LEASES AND ABOVE/BELOW MARKET LEASES
 3 Months Ended
Mar. 31, 2017
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, 2017 and December 31, 2016 (in thousands): 
 
March 31, 2017
 
December 31, 2016
In-place leases
$
48,699

 
$
48,741

Accumulated amortization
(39,736
)
 
(38,906
)
Above market leases
21,643

 
21,667

Accumulated amortization
(19,792
)
 
(19,579
)
Acquired lease intangible assets, net
$
10,814

 
$
11,923

Below market leases
$
66,521

 
$
66,521

Accumulated accretion
(34,162
)
 
(33,073
)
Acquired lease intangible liabilities, net
$
32,359

 
$
33,448