Supplemental Detail for Certain Components of Consolidated Balance Sheets

3 Months Ended

Mar. 31, 2014

Supplemental Detail for Certain Components of Consolidated Balance Sheets

Supplemental Detail for Certain Components of Consolidated Balance Sheets

3. Supplemental Detail for Certain Components of Consolidated Balance Sheets

A.   Acquired lease intangible assets, net, consist of the following	March 31,			December 31,
(dollars in thousands) at:	2014			2013
Acquired in-place leases	$	898,393		$	843,616
Accumulated amortization of acquired in-place leases	(114,793		)	(95,084		)
Acquired above-market leases	227,940			207,641
Accumulated amortization of acquired above-market leases	(25,477		)	(20,714		)
	$	986,063		$	935,459

	March 31,		December 31,
B.   Other assets, net, consist of the following (dollars in thousands) at:	2014		2013
Deferred financing costs on notes payable, net	$	19,182	$	19,856
Notes receivable issued in connection with property sales	18,981		19,078
Prepaid expenses	14,023		11,674
Credit facility origination costs, net	6,377		7,146
Impounds related to mortgages payable	5,835		5,555
Corporate assets, net	1,301		1,259
Deferred financing costs on mortgages payable, net	1,118		1,219
Deferred financing costs on term loan, net	233		248
Restricted escrow deposits	460		10,158
Loans receivable	-		48,844
Other items	3,914		2,096
	$	71,424	$	127,133

C.   Distributions payable consist of the following declared	March 31,		December 31,
distributions (dollars in thousands) at:	2014		2013
Common stock distributions	$	37,888	$	37,797
Preferred stock dividends	3,494		3,494
Noncontrolling interests distributions	161		161
	$	41,543	$	41,452

D.   Accounts payable and accrued expenses consist of the	March 31,		December 31,
following (dollars in thousands) at:	2014		2013
Notes payable - interest payable	$	26,424	$	55,616
Accrued costs on properties under development	21,125		14,058
Mortgages payable - accrued interest payable	3,032		2,790
Other items	19,759		30,047
	$	70,340	$	102,511

E.   Acquired lease intangible liabilities, net, consist of the	March 31,			December 31,
following (dollars in thousands) at:	2014			2013
Acquired below-market leases	$	168,380		$	158,703
Accumulated amortization of acquired below-market leases	(13,185		)	(10,453		)
	$	155,195		$	148,250

F.   Other liabilities consist of the following	March 31,		December 31,
(dollars in thousands) at:	2014		2013
Rent received in advance	$	28,208	$	31,144
Preferred units issued upon acquisition of ARCT	6,750		6,750
Security deposits	5,811		6,136
	$	40,769	$	44,030