Intangible Assets on Real Estate Acquisition, Net (Tables)

6 Months Ended

Jun. 30, 2015

Intangible Assets on Real Estate Acquisitions [Abstract]

Schedule of intangible assets on real estate acquisitions

Intangible assets on real estate acquisitions consisted of the following, excluding amounts for properties held for sale (in thousands):

	June 30, 2015						December 31, 2014
	Gross Carrying Amount		Accumulated Amortization		Net  Carrying Amount		Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
In-place lease value	$	134,387	$	95,910	$	38,477	$	123,759	$	101,040	$	22,719
Tenant relationship value	58,560		27,666		30,894		42,301		28,492		13,809
Below-market cost arrangements	12,415		6,324		6,091		12,415		5,984		6,431
Above-market leases	14,344		8,467		5,877		8,659		8,159		500
Market concentration premium	1,333		944		389		1,333		938		395
	$	221,039	$	139,311	$	81,728	$	188,467	$	144,613	$	43,854