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Other Assets, Net (Tables)
9 Months Ended
Sep. 30, 2016
Other Assets [Abstract]  
Components of Other Assets

Other assets consist of the following (in thousands):  

 

 

September 30, 2016

 

 

December 31, 2015

 

Intangible assets:

 

 

 

 

 

 

 

In-place leases, net

$

109,859

 

 

$

130,330

 

Above-market leases, net

 

37,850

 

 

 

46,214

 

Tenant relations, net

 

117,923

 

 

 

134,504

 

Total intangible assets, net(A)

 

265,632

 

 

 

311,048

 

Other assets:

 

 

 

 

 

 

 

Prepaid expenses

 

34,593

 

 

 

28,923

 

Other assets

 

5,535

 

 

 

6,293

 

Deposits

 

6,980

 

 

 

7,536

 

Deferred charges, net

 

5,077

 

 

 

6,113

 

Total other assets, net

$

317,817

 

 

$

359,913

 

 

(A)

The Company recorded amortization expense related to its intangibles, excluding above- and below-market leases, of $13.9 million and $22.6 million for the three months ended September 30, 2016 and 2015, respectively, and $54.6 million and $71.2 million for the nine months ended September 30, 2016 and 2015, respectively.