Investments in Real Estate (Tables)

3 Months Ended

Mar. 31, 2016

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 amortization of the acquired above-market and below-market lease intangibles and the amortization of the in-place lease intangibles for properties held for investment at March 31, 2016 (in thousands):

	Net increase			Increase to
	(decrease) to			amortization
	rental revenue			expense
2016	$	(6,167	)	$	67,900
2017	(8,170		)	89,367
2018	(7,922		)	86,872
2019	(6,933		)	76,808
2020	(6,260		)	71,590
Thereafter	44,084			384,052
Totals	$	8,632		$	776,589