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Intangible Assets and Below Market Lease Liabilities (Tables)
12 Months Ended
Dec. 31, 2015
Goodwill and Intangible Assets Disclosure [Abstract]  
Total Intangible Assets and Below Market Lease Liabilities
The following table sets forth total intangible assets and acquisition-related below market lease liabilities, net of accumulated amortization:

 
December 31,
 
2015
 
2014
Assets:
 
 
 
Deferred financing costs
$
18,449

 
$
19,478

Less accumulated amortization
(8,551
)
 
(7,953
)
 
9,898

 
11,525

Deferred leasing costs (including lease incentives and above market lease and in-place lease acquisition-related intangible assets)
346,937

 
311,092

Less accumulated amortization
(115,172
)
 
(100,169
)
 
231,765

 
210,923

Deferred financing and leasing costs, net
$
241,663

 
$
222,448

 
 
 
 
Liabilities (in accounts payable, accrued expenses and other liabilities):
 
 
 
Acquisition-related below market lease liabilities
$
63,830

 
$
55,783

Less accumulated amortization
(17,927
)
 
(13,548
)
 
$
45,903

 
$
42,235


Amortization of Intangible Assets and Below Market Lease Liabilities
The following table sets forth amortization of intangible assets and below market lease liabilities:

 
Year Ended December 31,
 
2015
 
2014
 
2013
Amortization of deferred financing costs
$
3,645

 
$
3,082

 
$
3,802

Amortization of deferred leasing costs and acquisition-related intangible assets (in depreciation and amortization)
$
43,332

 
$
38,144

 
$
35,941

Amortization of lease incentives (in rental and other revenues)
$
1,493

 
$
1,419

 
$
1,361

Amortization of acquisition-related intangible assets (in rental and other revenues)
$
5,062

 
$
4,549

 
$
3,676

Amortization of acquisition-related intangible assets (in rental property and other expenses)
$
557

 
$
557

 
$
556

Amortization of acquisition-related below market lease liabilities (in rental and other revenues)
$
(7,065
)
 
$
(6,129
)
 
$
(5,316
)

Scheduled Future Amortization of Intangible Assets and Below Market Lease Liabilities
The following table sets forth scheduled future amortization of intangible assets and below market lease liabilities:

Years Ending December 31,
 
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)
2016
 
$
3,185

 
$
45,903

 
$
1,254

 
$
3,808

 
$
553

 
$
(6,969
)
2017
 
2,693

 
38,580

 
1,175

 
2,671

 
553

 
(6,626
)
2018
 
1,530

 
31,827

 
1,076

 
1,709

 
553

 
(6,231
)
2019
 
1,116

 
26,161

 
880

 
1,306

 
553

 
(5,739
)
2020
 
804

 
21,584

 
652

 
989

 
525

 
(5,410
)
Thereafter
 
570

 
45,008

 
1,883

 
2,562

 

 
(14,928
)
 
 
$
9,898

 
$
209,063

 
$
6,920

 
$
13,045

 
$
2,737

 
$
(45,903
)
Weighted average remaining amortization periods as of December 31, 2015 (in years)
 
3.9

 
6.6

 
7.4

 
6.1

 
5.0

 
7.9

Total Intangible Assets and Below Market Lease Liabilities from Acquisition Activity
The following table sets forth the intangible assets acquired and below market lease liabilities assumed as a result of 2015 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 at acquisition
 
$
3,051

 
$
35,534

 
$
(10,733
)
Weighted average remaining amortization periods as of December 31, 2015 (in years)
 
5.0

 
5.7

 
9.6