XML 29 R16.htm IDEA: XBRL DOCUMENT v3.7.0.1
INTANGIBLES
6 Months Ended
Jun. 30, 2017
Intangible Assets, Intangible Liabilities, And Goodwill Disclosure [Abstract]  
INTANGIBLES
NOTE 8—INTANGIBLES
The following is a summary of our intangibles as of June 30, 2017 and December 31, 2016:
 
June 30, 2017
 
December 31, 2016
 
Balance
 
Remaining
Weighted Average
Amortization
Period in Years
 
Balance
 
Remaining
Weighted Average
Amortization
Period in Years
 
(Dollars in thousands)
Intangible assets:
 
 
 
 
 
 
 
Above market lease intangibles
$
186,323

 
7.2
 
$
184,993

 
6.9
In-place and other lease intangibles
1,347,850
 
23.6
 
1,325,636

 
23.6
Goodwill
1,034,054
 
N/A
 
1,033,225

 
N/A
Other intangibles
35,840

 
12.0
 
35,783

 
11.3
Accumulated amortization
(818,055
)
 
N/A
 
(769,558
)
 
N/A
Net intangible assets
$
1,786,012

 
21.5
 
$
1,810,079

 
21.5
Intangible liabilities:
 
 
 
 
 
 
 
Below market lease intangibles
$
361,009

 
13.8
 
$
345,103

 
14.1
Other lease intangibles
40,343

 
39.5
 
40,843

 
38.5
Accumulated amortization
(148,110
)
 
N/A
 
(133,468
)
 
N/A
Purchase option intangibles
3,568

 
N/A
 
3,568

 
N/A
Net intangible liabilities
$
256,810

 
15.6
 
$
256,046

 
15.9
N/A—Not Applicable.
Above market lease intangibles and in-place and other lease intangibles are included in acquired lease intangibles within real estate investments on our Consolidated Balance Sheets. Other intangibles (including non-compete agreements, trade names and trademarks) are included in other assets on our Consolidated Balance Sheets. Below market lease intangibles, other lease intangibles and purchase option intangibles are included in accounts payable and other liabilities on our Consolidated Balance Sheets.