Goodwill and Other Intangibles (Tables)

9 Months Ended

Sep. 30, 2017

Goodwill and Intangible Assets Disclosure [Abstract]

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



	Weighted-Average Useful Life	September 30, 2017		December 31, 2016
Intangible lease assets:
In-place leases and other intangibles, net of accumulated amortization of $580,588 and $494,131, respectively	15.1	$	1,100,403	$	1,192,756
Leasing commissions, net of accumulated amortization of $2,601 and $1,836, respectively	10.5	11,117		10,231
Above-market lease assets and deferred lease incentives, net of accumulated amortization of $83,670 and $69,670, respectively	16.2	248,925		275,897
Total intangible lease assets, net		$	1,360,445	$	1,478,884

Intangible lease liabilities:
Below-market leases, net of accumulated amortization of $70,070 and $56,891, respectively	18.4	$	204,051	$	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 September 30, 2017 (amounts in thousands):



	October 1, 2017 - December 31, 2017		2018		2019		2020		2021
In-place leases and other intangibles:
Total projected to be included in amortization expense	$	36,584	$	134,741	$	124,069	$	116,168	$	107,582
Leasing commissions:
Total projected to be included in amortization expense	423		1,207		1,192		1,170		1,133
Above-market lease assets and deferred lease incentives:
Total projected to be deducted from rental income	6,054		23,615		21,701		21,265		20,857
Below-market lease liabilities:
Total projected to be included in rental income	6,351		19,283		18,578		17,420		16,093