Intangible Assets and Below Market Lease Liabilities (Tables)

9 Months Ended

Sep. 30, 2014

Goodwill and Intangible Assets Disclosure [Abstract]

Total intangible assets and below market lease liabilities [Table Text Block]

The following table sets forth total intangible assets and acquisition-related below market lease liabilities, net of accumulated amortization:

	September 30, 2014			December 31, 2013
Assets:
Deferred financing costs	$	19,512		$	17,363
Less accumulated amortization	(7,193		)	(5,204		)
	12,319			12,159
Deferred leasing costs (including lease incentives and above market lease and in-place lease acquisition-related intangible assets)	308,091			297,068
Less accumulated amortization	(101,685		)	(87,016		)
	206,406			210,052
Deferred financing and leasing costs, net	$	218,725		$	222,211
Liabilities (in accounts payable, accrued expenses and other liabilities):
Acquisition-related below market lease liabilities	$	55,639		$	55,323
Less accumulated amortization	(11,994		)	(8,478		)
	$	43,645		$	46,845

Amortization of intangible assets and below market lease liabilities [Table Text Block]

The following table sets forth amortization of intangible assets and below market lease liabilities:

	Three Months Ended September 30,						Nine Months Ended September 30,
	2014			2013			2014			2013
Amortization of deferred financing costs	$	819		$	963		$	2,270		$	2,860
Amortization of deferred leasing costs and acquisition-related intangible assets (in depreciation and amortization)	$	9,465		$	10,639		$	29,443		$	26,603
Amortization of lease incentives (in rental and other revenues)	$	327		$	347		$	1,077		$	1,061
Amortization of acquisition-related intangible assets (in rental and other revenues)	$	1,080		$	1,548		$	3,310		$	2,499
Amortization of acquisition-related intangible assets (in rental property and other expenses)	$	140		$	140		$	416		$	416
Amortization of acquisition-related below market lease liabilities (in rental and other revenues)	$	(1,532	)	$	(1,584	)	$	(4,554	)	$	(3,737	)

Scheduled future amortization of intangible assets and below market lease liabilities [Table Text Block]

The following table sets forth scheduled future amortization of intangible assets and below market lease liabilities:

	Amortization of Deferred Financing Costs		Amortization of Deferred Leasing Costs and Acquisition-Related Intangible Assets (in Depreciation and Amortization)		Amortization of Lease Incentives (in Rental and Other Revenues)		Amortization of Acquisition-Related Intangible Assets (in Rental and Other Revenues)		Amortization of Acquisition-Related Intangible Assets (in Rental Property and Other Expenses)		Amortization of Acquisition-Related Below Market Lease Liabilities (in Rental and Other Revenues)
October 1 through December 31, 2014	$	776	$	10,411	$	339	$	1,034	$	136	$	(1,560	)
2015	3,074		36,795		1,148		3,612		553		(5,978		)
2016	2,811		30,965		986		2,819		553		(5,696		)
2017	2,518		26,845		908		2,276		553		(5,424		)
2018	1,394		22,423		805		1,434		553		(5,285		)
Thereafter	1,746		53,619		2,782		3,771		1,086		(19,702		)
	$	12,319	$	181,058	$	6,968	$	14,946	$	3,434	$	(43,645	)
Weighted average remaining amortization periods as of September 30, 2014 (in years)	4.6		6.8		8.2		6.5		6.2		8.4

Total intangible assets and below market lease liabilities from acquisition activity [Table Text Block]

The following table sets forth the intangible assets acquired and below market lease liabilities assumed as a result of 2014 acquisition activity:

	Acquisition-Related Intangible Assets (amortized in Rental and Other Revenues)		Acquisition-Related Intangible Assets (amortized in Depreciation and Amortization)		Acquisition-Related Below Market Lease Liabilities (amortized in Rental and Other Revenues)
Amount recorded from acquisition activity	$	27	$	6,293	$	(1,353	)
Weighted average remaining amortization periods as of September 30, 2014 (in years)	3.5		5.5		4.9