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Other Assets, Net and Acquired Lease Intangible Assets, Net
12 Months Ended
Dec. 31, 2016
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
Other Assets, Net and Acquired Lease Intangible Assets, Net
Other Assets, Net and Acquired Lease Intangible Assets, Net

Other assets, net consisted of the following:
 
December 31,
 
2016
 
2015
 
(In thousands)
Deferred leasing costs, net
$
35,071

 
$
35,282

Deferred financing costs on unsecured revolving credit facility, net
1,190

 
1,871

Acquired development agreements (1)
21,149

 
22,194

Ground leasehold intangible
2,198

 

Other, net 
2,835

 
2,655

Total amortizable other assets
62,443

 
62,002

Straight-line rent receivable, net
18,794

 
17,366

Goodwill
2,089

 
2,089

Cash flow hedge mark-to-market asset
2,143

 
642

Prepaid and other deferred expenses, net
4,247

 
5,791

Other assets, net
$
89,716

 
$
87,890

 
 
 
 

(1) 
Represents in-place public improvement fee of approximately $15.9 million and real estate tax exemption agreement of approximately $5.3 million associated with two properties acquired in 2014.
Straight-line rent receivables are recorded net of allowances of $3.2 million and $3.5 million at December 31, 2016 and 2015, respectively.
Acquired lease intangible assets, net consisted of the following:
 
Years Ended December 31,
 
2016
 
2015
 
(In thousands)
Lease originations costs
$
107,625

 
$
119,181

Above market leases
12,393

 
13,994

 
120,018

 
133,175

Accumulated amortization
(47,594
)
 
(44,356
)
Net acquired lease intangibles
$
72,424

 
$
88,819

 
 
 
 

Acquired lease intangible assets have a remaining weighted-average amortization period of 3.3 years as of December 31, 2016.  These intangible assets are being amortized over the lives of the applicable lease.  Amortization of lease origination costs is an increase to amortization expense and amortization of above-market leases is a reduction to minimum rent revenue over the applicable terms of the respective leases. Amortization of the above market lease asset resulted in a reduction of revenue of approximately $2.5 million, $3.1 million, and $2.7 million for the years ended December 31, 2016, 2015, and 2014, respectively.

Combined, amortizable other assets, net and acquired lease intangibles, net totaled $134.9 million. The following table represents estimated aggregate amortization expense related to those assets as of December 31, 2016:
Year Ending December 31,
 
 
(In thousands)

2017
$
21,986

2018
18,127

2019
14,777

2020
12,167

2021
9,822

Thereafter
57,988

Total 
$
134,867