OTHER INTANGIBLE ASSETS (Tables)

12 Months Ended

Dec. 31, 2015

OTHER INTANGIBLE ASSETS

Schedule of intangible assets and liabilities and related accumulated amortization and accretion

	Assets										Liabilities
	Acquired		Acquired				Franchise		Acquired		Acquired
	Above-Market		In-Place		Tax		Affiliation		Below-Market		Below-Market
December 31, 2015	Leases		Leases		Abatement		Fee		Ground Lease		Leases
	(in thousands)
Gross balance	$	966	$	21,398	$	4,273	$	3,936	$	11,685	$	(19,722)
Accumulated amortization		(843)		(16,943)		(2,322)		(3,375)		(1,422)		13,636
	$	123	$	4,455	$	1,951	$	561	$	10,263	$	(6,086)
Average useful life (in years)		7		8		8		10		84		8

	Assets										Liabilities
	Acquired		Acquired				Franchise		Acquired		Acquired
	Above-Market		In-Place		Tax		Affiliation		Below-Market		Below-Market
December 31, 2014	Leases		Leases		Abatement		Fee		Ground Lease		Leases
	(in thousands)
Gross balance	$	2,402	$	22,680	$	4,273	$	3,936	$	11,685	$	(20,333)
Accumulated amortization		(2,039)		(16,470)		(1,771)		(2,981)		(1,282)		11,676
	$	363	$	6,210	$	2,502	$	955	$	10,403	$	(8,657)
Average useful life (in years)		7		8		8		10		84		8

Schedule of future amortization and accretion of acquisition related intangible assets and liabilities

	Assets										Liabilities
	Acquired		Acquired				Franchise		Acquired		Acquired
	Above-Market		In-Place		Tax		Affiliation		Below-Market		Below-Market
Years Ending December 31,	Leases		Leases		Abatement		Fee		Ground Lease		Leases
	(in thousands)
2016	$	88	$	1,380	$	551	$	561	$	140	$	(2,502)
2017		26		949		551		—		140		(2,399)
2018		9		689		551		—		140		(963)
2019		—		488		298		—		140		(222)
2020		—		178		—		—		140		—
Thereafter		—		771		—		—		9,563		—
	$	123	$	4,455	$	1,951	$	561	$	10,263	$	(6,086)