Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2013

Depreciation expense is computed using the straight-line method based on the following useful lives:



	Years
Buildings and Improvements	7 to 50
Land Improvements	3 to 20
Furniture, Fixtures and Equipment	4 to 10
Tenant Improvements	Shorter of Lease Term or Useful Life

Deferred Leasing Intangibles Included in Total Assets

Deferred leasing intangibles, net of accumulated amortization, included in our total assets and total liabilities consist of the following:



	December 31, 2013		December 31, 2012
In-Place Leases	$	15,676	$	17,200
Above Market Leases	3,994		4,888
Tenant Relationships	10,120		11,102
Total Included in Total Assets, Net of $30,017 and $36,327 of Accumulated Amortization	$	29,790	$	33,190
Below Market Leases	$	13,626	$	15,522
Total Included in Total Liabilities, Net of $8,240 and $9,389 of Accumulated Amortization	$	13,626	$	15,522

Net Amortization Expense Related to Deferred Leasing Intangibles

We will recognize net amortization related to deferred leasing intangibles over the next five years, for properties owned as of December 31, 2013 as follows:



	Estimated Amortization of In-Place Leases and Tenant Relationships		Estimated Net Increase to Rental Revenues Related to Above and Below Market Leases
2014	$	4,972	$	438
2015	$	4,329	$	425
2016	$	3,270	$	938
2017	$	2,976	$	878
2018	$	2,076	$	806