Quarterly report pursuant to Section 13 or 15(d)

Properties, Net (Tables)

v3.7.0.1
Properties, Net (Tables)
6 Months Ended
Jun. 30, 2017
Real Estate [Abstract]  
Schedule of operating properties, net
Operating properties, net consisted of the following (in thousands): 
 
June 30,
2017
 
December 31,
2016
Land
$
432,617

 
$
433,311

Buildings and improvements
3,010,765

 
2,944,905

Less: Accumulated depreciation
(755,208
)
 
(706,385
)
Operating properties, net
$
2,688,174

 
$
2,671,831

Schedule of projects in development or held for future development
Projects in development or held for future development consisted of the following (in thousands):
 
June 30,
2017
 
December 31,
2016
Land
$
225,965

 
$
195,521

Development in progress, excluding land
220,420

 
206,010

Projects in development or held for future development
$
446,385

 
$
401,531

Components of assets held for sale
The table below sets forth the components of assets held for sale on our consolidated balance sheet for these properties (in thousands):
 
 
June 30, 2017
 
December 31, 2016
Properties, net
$
47,397

 
$
85,402

Deferred rent receivable
1,831

 
4,241

Intangible assets on real estate acquisitions, net
338

 
338

Deferred leasing costs, net
1,326

 
3,636

Lease incentives, net
399

 
1,037

Assets held for sale, net
$
51,291

 
$
94,654