Acquisitions (Tables)

6 Months Ended

Jun. 30, 2011

Acquisitions (Tables) [Abstract]

Acquisition of the two shopping centers

Land	$	18,184
Buildings		50,683
Tenant improvements		752
Intangible assets (1)		10,753
		80,372
Less: Mortgage debt assumed		(50,127	)
Less: Below-market leases		(672	)
Net assets acquired	$	29,573

(1) Includes above-market value of leases of approximately $0.7 million.

Intangible assets recorded in connection with the acquisitions

			Weighted
			Average
			Amortization
			Period (in Years)
In-place leases (including lease origination costs and fair market value of leases)	$	5,586		4.9
Tenant relations		5,167		9.3
Total intangible assets acquired	$	10,753