Annual report pursuant to Section 13 and 15(d)

Intangible Assets on Real Estate Acquisitions (Tables)

v2.4.0.6
Intangible Assets on Real Estate Acquisitions (Tables)
12 Months Ended
Dec. 31, 2012
Intangible Assets on Real Estate Acquisitions  
Intangible assets on real estate acquisitions
Intangible assets on real estate acquisitions consisted of the following (in thousands):
 
 
December 31, 2012
 
December 31, 2011
 
 
Gross Carrying Amount
 
Accumulated Amortization
 
Net
 Carrying Amount
 
Gross Carrying Amount
 
Accumulated Amortization
 
Net
Carrying Amount
In-place lease value
 
$
134,964

 
$
93,362

 
$
41,602

 
$
151,361

 
$
97,594

 
$
53,767

Tenant relationship value
 
46,828

 
23,346

 
23,482

 
45,940

 
23,246

 
22,694

Above-market cost arrangements
 
12,416

 
4,100

 
8,316

 
12,416

 
2,857

 
9,559

Above-market leases
 
8,925

 
7,432

 
1,493

 
10,118

 
8,037

 
2,081

Market concentration premium
 
1,333

 
347

 
986

 
1,333

 
314

 
1,019

 
 
$
204,466

 
$
128,587

 
$
75,879

 
$
221,168

 
$
132,048

 
$
89,120