Real Estate Intangibles (Tables)

9 Months Ended

Sep. 30, 2017

Real Estate Intangibles (Tables) [Abstract]

Summary of real estate intangibles excluding those classified as held for sale

		September 30, 2017		December 31, 2016
Assets:
	In place lease intangibles	$	1,333,368	$	1,252,143
	Above market tenant leases		64,408		61,700
	Below market ground leases		62,224		61,628
	Lease commissions		32,279		27,413
	Gross historical cost		1,492,279		1,402,884
	Accumulated amortization		(1,098,814)		(966,714)
	Net book value	$	393,465	$	436,170
	Weighted-average amortization period in years		14.5		13.7
Liabilities:
	Below market tenant leases	$	90,671	$	89,468
	Above market ground leases		8,540		8,107
	Gross historical cost		99,211		97,575
	Accumulated amortization		(57,449)		(52,134)
	Net book value	$	41,762	$	45,441
	Weighted-average amortization period in years		15.5		15.2

Schedule of Real Estate Intangible Amortization

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2017		2016		2017		2016
Rental income related to above/below market tenant leases, net	$	173	$	278	$	745	$	569
Property operating expenses related to above/below market ground leases, net		(306)		(309)		(925)		(931)
Depreciation and amortization related to in place lease intangibles and lease commissions		(34,270)		(30,137)		(109,011)		(95,610)

Schedule of the future estimated aggregate amortization of intangible assets and liabilities

		Assets		Liabilities
2017	$	39,678	$	1,636
2018		104,524		6,190
2019		50,051		5,731
2020		30,582		5,234
2021		20,918		4,746
Thereafter		147,712		18,225
Total	$	393,465	$	41,762