XML 80 R34.htm IDEA: XBRL DOCUMENT v2.4.1.9
Investments in Real Estate (Table)
12 Months Ended
Dec. 31, 2014
Investments in Real Estate  
Schedule of future impact of above-market, below-market and in-place lease intangibles

The following table presents the estimated 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 December 31, 2014 (in thousands):

 

 

 

Net increase

 

Increase to

 

 

 

(decrease) to

 

amortization

 

 

 

rental revenue

 

expense

 

2015

 

$

(6,717

)

$

85,593

 

2016

 

(6,729

)

85,221

 

2017

 

(6,674

)

84,022

 

2018

 

(6,414

)

81,577

 

2019

 

(5,428

)

71,519

 

Thereafter

 

41,538

 

418,828

 

 

 

 

 

 

 

 

 

Totals

 

$

9,576

 

$

826,760

 

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 year ended December 31, 2013

 

$

848.6

 

$

223.3

 

Supplemental pro forma for the year ended December 31, 2012

 

$

772.6

 

$

212.8