Lease Intangibles (Tables)

3 Months Ended

Mar. 31, 2017

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Finite-Lived Intangible Assets

Intangible assets and liabilities are summarized as follows (in thousands):

	March 31, 2017									December 31, 2016
	Gross Carrying Amount			Accumulated Amortization			Net Carrying Amount			Gross Carrying Amount			Accumulated Amortization			Net Carrying Amount
Amortizable Intangible Assets
In-place lease intangible assets	$	163,219		$	(53,027	)	$	110,192		$	156,420		$	(47,827	)	$	108,593
Above-market rent	17,295			(11,116		)	6,179			16,649			(10,658		)	5,991
	$	180,514		$	(64,143	)	$	116,371		$	173,069		$	(58,485	)	$	114,584
Amortizable Intangible Liabilities
Below-market rent	$	(138,476	)	$	34,903		$	(103,573	)	$	(137,032	)	$	32,004		$	(105,028	)
	$	(138,476	)	$	34,903		$	(103,573	)	$	(137,032	)	$	32,004		$	(105,028	)

Schedule of Amortization of Acquired Lease Intangible Assets and Liabilities

The scheduled amortization of acquired lease intangible assets and assumed liabilities as of March 31, 2017 is as follows (in thousands):

Years Ending December 31,	Net Increase in Lease Revenues		Increase to Amortization		Net
2017 (Remainder)	$	9,068	$	23,802	$	(14,734	)
2018	9,439		18,149		(8,710		)
2019	9,021		12,823		(3,802		)
2020	7,746		10,595		(2,849		)
2021	6,883		9,022		(2,139		)
Thereafter	55,237		35,801		19,436
Total	$	97,394	$	110,192	$	(12,798	)