Investments in Real Estate (Tables)

9 Months Ended

Sep. 30, 2017

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 at September 30, 2017 (in thousands):

	Net			Increase to
	decrease to			amortization
	rental revenue			expense
2017	$	(3,919	)	$	25,466
2018	(15,439		)	100,085
2019	(14,457		)	89,847
2020	(13,688		)	83,940
2021	(12,396		)	75,819
Thereafter	(33,759		)	423,821
Totals	$	(93,658	)	$	798,978