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Intangible Assets and Below Market Lease Liabilities (Tables)
12 Months Ended
Dec. 31, 2018
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,
 
2018
 
2017
Assets:
 
 
 
Deferred leasing costs (including lease incentives and above market lease and in-place lease acquisition-related intangible assets)
$
344,548

 
$
344,191

Less accumulated amortization
(149,275
)
 
(143,512
)
 
$
195,273

 
$
200,679

 
 
 
 
Liabilities (in accounts payable, accrued expenses and other liabilities):
 
 
 
Acquisition-related below market lease liabilities
$
57,955

 
$
59,947

Less accumulated amortization
(32,307
)
 
(28,214
)
 
$
25,648

 
$
31,733


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,
 
2018
 
2017
 
2016
Amortization of deferred leasing costs and acquisition-related intangible assets (in depreciation and amortization)
$
36,486

 
$
41,187

 
$
44,968

Amortization of lease incentives (in rental and other revenues)
$
1,908

 
$
1,765

 
$
1,779

Amortization of acquisition-related intangible assets (in rental and other revenues)
$
1,677

 
$
2,921

 
$
3,851

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

 
$
557

 
$
557

Amortization of acquisition-related below market lease liabilities (in rental and other revenues)
$
(6,085
)
 
$
(6,415
)
 
$
(8,183
)

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 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)
2019
 
$
35,862

 
$
1,730

 
$
1,261

 
$
553

 
$
(5,405
)
2020
 
31,285

 
1,445

 
957

 
514

 
(5,135
)
2021
 
26,702

 
1,205

 
631

 

 
(4,331
)
2022
 
22,392

 
982

 
462

 

 
(3,258
)
2023
 
18,972

 
914

 
308

 

 
(2,878
)
Thereafter
 
43,147

 
4,851

 
1,100

 

 
(4,641
)
 
 
$
178,360

 
$
11,127

 
$
4,719

 
$
1,067

 
$
(25,648
)
Weighted average remaining amortization periods as of December 31, 2018 (in years)
 
7.3

 
10.1

 
6.5

 
2.0

 
5.9