Investments in Real Estate (Tables)

9 Months Ended

Sep. 30, 2014

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 increase (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 held for investment at September 30, 2014 (in thousands):

	Net increase			Increase to
	(decrease) to			amortization
	rental revenue			expense
2014	$	(2,066	)	$	21,543
2015	(8,271		)	84,970
2016	(8,283		)	84,598
2017	(8,227		)	83,399
2018	(7,968		)	80,955
Thereafter	14,066			481,502
Totals	$	(20,749	)	$	836,967