Annual report pursuant to Section 13 and 15(d)

Intangible Assets on Real Estate Acquisitions (Tables)

v3.10.0.1
Intangible Assets on Real Estate Acquisitions (Tables)
12 Months Ended
Dec. 31, 2018
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, 2018
 
December 31, 2017
 
 
Gross Carrying Amount
 
Accumulated Amortization
 
Net
 Carrying Amount
 
Gross Carrying Amount
 
Accumulated Amortization
 
Net
Carrying Amount
In-place lease value
 
$
132,276

 
$
117,520

 
$
14,756

 
$
132,276

 
$
110,814

 
$
21,462

Tenant relationship value
 
60,028

 
39,703

 
20,325

 
60,028

 
32,198

 
27,830

Below-market cost arrangements
 
8,880

 
1,507

 
7,373

 
15,102

 
7,507

 
7,595

Above-market leases
 
13,841

 
13,164

 
677

 
13,944

 
12,092

 
1,852

Other
 
1,333

 
994

 
339

 
1,333

 
980

 
353

 
 
$
216,358

 
$
172,888

 
$
43,470

 
$
222,683

 
$
163,591

 
$
59,092