Intangible Assets and Liabilities (Tables)

6 Months Ended

Jun. 30, 2011

Intangible Assets and Liabilities [Abstract]

The following table sets forth total intangible assets and liabilities, net of accumulated amortization:

	June 30, 2011			December 31, 2010
Assets:
Deferred financing costs	$	17,295		$	16,412
Less accumulated amortization		(7,996	)		(7,054	)
		9,299			9,358
Deferred leasing costs (including lease incentives and acquisition-related intangible assets)		130,415			127,949
Less accumulated amortization		(54,546	)		(52,306	)
		75,869			75,643
Deferred financing and leasing costs, net	$	85,168		$	85,001

Liabilities (in accounts payable, accrued expenses and other liabilities):
Acquisition-related intangible liabilities	$	720		$	658
Less accumulated amortization		(226	)		(125	)
	$	494		$	533

Amortization of intangible assets and liabilities

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

	Three Months Ended June 30,				Six Months Ended June 30,
	2011		2010		2011		2010
Amortization of deferred financing costs	$	821	$	835	$	1,642	$	1,670
Amortization of deferred leasing costs and acquisition-related intangible assets (in depreciation and amortization)	$	4,401	$	3,817	$	8,757	$	7,583
Amortization of lease incentives (in rental and other revenues)	$	303	$	276	$	641	$	537
Amortization of acquisition-related intangible assets and liabilities (in rental and other revenues)	$	166	$	36	$	327	$	76

Scheduled future amortization of intangible assets and liabilities

The following table sets forth scheduled future amortization of intangible assets and 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 and Liabilities (in Rental and Other Revenues)
July 1, 2011 through December 31, 2011	$	1,724	$	8,653	$	613	$	320
2012		3,093		15,087		1,141		561
2013		1,486		12,106		983		390
2014		1,098		9,398		819		298
2015		1,098		6,966		603		188
Thereafter		800		14,690		2,088		471
	$	9,299	$	66,900	$	6,247	$	2,228

- Definition

Tabular disclosure of amortizable intangibles assets, in total and by major class, including the gross carrying amount and accumulated amortization. A major class is composed of intangible assets that can be grouped together because they are similar, either by their nature or by their use in the operations of a company.

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