Investments in Real Estate (Tables)

6 Months Ended

Jun. 30, 2013

Investments in Real Estate

Schedule of future impact of above-market, below-market and in-place lease intangibles

The following table presents the impact during the next five years and thereafter related to the net decrease to rental revenue from the amortization of the acquired above-market and below-market lease intangibles and the increase to amortization expense from the amortization of the in-place lease intangibles for properties owned at June 30, 2013 (in thousands):

		Net decrease		Increase to
		to rental		amortization
		revenue		expense
2013	$	(1,763)	$	40,811
2014		(3,602)		81,148
2015		(3,546)		80,271
2016		(3,535)		79,992
2017		(3,500)		78,707
Thereafter		(16,061)		462,731
Totals	$	(32,007)	$	823,660

Schedule of pro forma total revenue and income from continuing operations

			Income from
	Total		continuing
Dollars in millions	revenue		operations
Supplemental pro forma for the six months ended June 30, 2013	$	388.2	$	105.4
Supplemental pro forma for the six months ended June 30, 2012	$	341.6	$	83.7