Lease Intangibles (Tables)

12 Months Ended

Dec. 31, 2014

Text Block [Abstract]

Schedule of Component of Lease Intangibles

Under going concern accounting, the Trust’s lease intangibles consisted of the following at July 31, 2014 and December 31, 2013 (in thousands):

	July 31, 2014			December 31, 2013
Lease intangibles	$	79,751		$	75,753
Less: Accumulated amortization		(30,545	)		(25,887	)
Lease intangibles, net	$	49,206		$	49,866
Below market leases	$	12,257		$	4,159
Less: Accumulated amortization		(2,009	)		(1,760	)
Below market leases, net	$	10,248		$	2,399