Investments in Real Estate (Tables)

3 Months Ended

Mar. 31, 2018

Investments in Real Estate

Schedule of future impact related to amortization 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 March 31, 2018 (in thousands):

	Net			Increase to
	decrease to			amortization
	rental revenue			expense
2018	$	(13,996	)	$	78,871
2019	(17,782		)	95,948
2020	(17,053		)	90,191
2021	(15,801		)	82,239
2022	(14,081		)	70,962
Thereafter	(59,976		)	402,148
Totals	$	(138,689	)	$	820,359