Annual report pursuant to Section 13 and 15(d)

Intangible Assets on Real Estate Acquisitions (Tables)

v3.6.0.2
Intangible Assets on Real Estate Acquisitions (Tables)
12 Months Ended
Dec. 31, 2016
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, 2016
 
December 31, 2015
 
 
Gross Carrying Amount
 
Accumulated Amortization
 
Net
 Carrying Amount
 
Gross Carrying Amount
 
Accumulated Amortization
 
Net
Carrying Amount
In-place lease value
 
$
132,647

 
$
99,940

 
$
32,707

 
$
134,664

 
$
89,540

 
$
45,124

Tenant relationship value
 
60,028

 
26,253

 
33,775

 
62,172

 
23,468

 
38,704

Below-market cost arrangements
 
15,102

 
7,285

 
7,817

 
15,102

 
6,692

 
8,410

Above-market leases
 
13,944

 
10,259

 
3,685

 
14,210

 
8,491

 
5,719

Other
 
1,333

 
966

 
367

 
1,333

 
952

 
381

 
 
$
223,054

 
$
144,703

 
$
78,351

 
$
227,481

 
$
129,143

 
$
98,338