XML 50 R21.htm IDEA: XBRL DOCUMENT v2.4.0.6
Other Assets (Tables)
 3 Months Ended
Mar. 31, 2013
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
Other Assets [Table Text Block]
Other assets on the balance sheets as of March 31, 2013 and December 31, 2012 included the following (in thousands):
 
 
March 31, 2013
 
December 31, 2012
Lease inducements, net of accumulated amortization of $3,373 and $4,718 in 2013 and 2012, respectively
 
$
10,194

 
$
11,089

FF&E and leasehold improvements, net of accumulated depreciation of $19,070 and $18,877 in 2013 and 2012, respectively
 
4,912

 
4,814

Prepaid expenses and other assets
 
4,460

 
2,044

Predevelopment costs and earnest money
 
4,238

 
3,284

Loan closing costs, net of accumulated amortization of $2,285 and $2,624 in 2013 and 2012, respectively
 
3,185

 
3,704

Intangible Assets:
 
 
 
 
In-place leases, net of accumulated amortization of $7,640 and $5,729 in 2013 and 2012, respectively
 
46,695

 
21,637

Above market leases, net of accumulated amortization of $9,727 and $9,424 in 2013 and 2012, respectively
 
7,584

 
6,892

Goodwill
 
4,147

 
4,751

 
 
$
85,415

 
$
58,215
Schedule of Goodwill [Table Text Block]
The following is a summary of goodwill activity for the three months ended March 31, 2013 and March 31, 2012 (in thousands):
 
Three Months Ended March 31,
 
2013
 
2012
Beginning balance
$
4,751

 
$
5,155

Allocated to property sales
(604
)
 
—

Ending balance
$
4,147

 
$
5,155