Annual report pursuant to Section 13 and 15(d)

Intangible Assets on Real Estate Acquisitions (Tables)

v3.3.1.900
Intangible Assets on Real Estate Acquisitions (Tables)
12 Months Ended
Dec. 31, 2015
Intangible Assets on Real Estate Acquisitions  
Schedule of intangible assets on real estate acquisitions
Intangible assets on real estate acquisitions consisted of the following (in thousands):
 
 
December 31, 2015
 
December 31, 2014
 
 
Gross Carrying Amount
 
Accumulated Amortization
 
Net
 Carrying Amount
 
Gross Carrying Amount
 
Accumulated Amortization
 
Net
Carrying Amount
In-place lease value
 
$
134,664

 
$
89,540

 
$
45,124

 
$
123,759

 
$
101,040

 
$
22,719

Tenant relationship value
 
62,172

 
23,468

 
38,704

 
42,301

 
28,492

 
13,809

Below-market cost arrangements
 
15,102

 
6,692

 
8,410

 
12,415

 
5,984

 
6,431

Above-market leases
 
14,210

 
8,491

 
5,719

 
8,659

 
8,159

 
500

Other
 
1,333

 
952

 
381

 
1,333

 
938

 
395

 
 
$
227,481

 
$
129,143

 
$
98,338

 
$
188,467

 
$
144,613

 
$
43,854