Goodwill and Other Intangibles (Tables)

6 Months Ended

Jun. 30, 2017

Goodwill and Intangible Assets Disclosure [Abstract]

Intangible lease assets and liabilities of the Company consisted of the following as of June 30, 2017 and December 31, 2016 (amounts in thousands, except weighted-average useful life):



	Weighted-Average Useful Life	June 30, 2017		December 31, 2016
Intangible lease assets:
In-place leases, net of accumulated amortization of $549,208 and $494,131, respectively	14.8	$	1,107,440	$	1,192,756
Leasing commissions, net of accumulated amortization of $2,321 and $1,836, respectively	10.3	11,020		10,231
Above-market lease assets and deferred lease incentives, net of accumulated amortization of $77,791 and $69,670, respectively	16.2	252,512		275,897
Total intangible lease assets, net		$	1,370,972	$	1,478,884

Intangible lease liabilities:
Below-market leases, net of accumulated amortization of $65,174 and $56,891, respectively	18.3	$	209,566	$	224,023

Schedule of Projected Amortization Expense and Adjustments

The following table provides the projected amortization expense and adjustments to rental income related to the intangible lease assets and liabilities for the next five years as of June 30, 2017 (amounts in thousands):



	July 1, 2017 - December 31, 2017		2018		2019		2020		2021
In-place leases:
Total projected to be included in amortization expense	$	73,092	$	133,760	$	122,762	$	114,656	$	106,056
Leasing commissions:
Total projected to be included in amortization expense	689		1,211		1,156		1,134		1,096
Above-market lease assets and deferred lease incentives:
Total projected to be deducted from rental income	12,310		23,917		22,003		21,540		21,106
Below-market lease liabilities:
Total projected to be included in rental income	12,704		19,286		18,581		17,423		16,096