Investments in Real Estate (Tables)

12 Months Ended

Dec. 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 December 31, 2016 (in thousands):

	Net increase			Increase to
	(decrease) to			amortization
	rental revenue			expense
2017	$	(10,076	)	$	97,299
2018	(9,834		)	94,801
2019	(8,880		)	84,477
2020	(8,119		)	78,972
2021	(6,842		)	70,783
Thereafter	31,672			379,703
Totals	$	(12,079	)	$	806,035