Lease Intangibles (Tables)

3 Months Ended

Mar. 31, 2019

Goodwill And Intangible Assets Disclosure [Abstract]

Schedule of Intangible Assets and Liabilities Included in Other Assets and Other Liabilities

Intangible assets and liabilities are included in other assets and other liabilities (Note 5) on the consolidated balance sheet and summarized as follows (in thousands):

	March 31, 2019									December 31, 2018
	Gross Carrying Amount			Accumulated Amortization			Net Carrying Amount			Gross Carrying Amount			Accumulated Amortization			Net Carrying Amount
Amortizable Intangible Assets
In-place lease intangible assets	$	220,293		$	(114,578	)	$	105,715		$	216,021		$	(105,972	)	$	110,049
Above-market rent		17,754			(12,835	)		4,919			18,169			(12,279	)		5,890
	$	238,047		$	(127,413	)	$	110,634		$	234,190		$	(118,251	)	$	115,939
Amortizable Intangible Liabilities
Below-market rent	$	(152,482	)	$	66,226		$	(86,256	)	$	(152,188	)	$	57,721		$	(94,467	)
Above-market ground lease		(671	)		108			(563	)		(671	)		93			(578	)
	$	(153,153	)	$	66,334		$	(86,819	)	$	(152,859	)	$	57,814		$	(95,045	)

Scheduled Amortization of Acquired Lease Intangible Assets and Assumed Liabilities

The scheduled amortization of acquired lease intangible assets and assumed liabilities as of March 31, 2019 is as follows (in thousands):

Years Ending December 31,	Net Increase in Lease Revenues		Increase to Amortization			Reduction of Rent Expense		Net (Expense) Income
2019 (Remainder)	$	6,418	$	(20,111	)	$	44	$	(13,649	)
2020		8,217		(20,671	)		58		(12,396	)
2021		7,739		(15,351	)		58		(7,554	)
2022		7,380		(10,627	)		58		(3,189	)
2023		7,406		(8,481	)		58		(1,017	)
Thereafter		44,177		(30,474	)		287		13,990
Total	$	81,337	$	(105,715	)	$	563	$	(23,815	)