Quarterly report pursuant to Section 13 or 15(d)

Intangible Assets on Real Estate Acquisitions (Tables)

v2.4.0.6
Intangible Assets on Real Estate Acquisitions (Tables)
9 Months Ended
Sep. 30, 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):


 
 
September 30, 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

 
$
89,808

 
$
45,156

 
$
151,361

 
$
97,594

 
$
53,767

Tenant relationship value
 
46,827

 
22,192

 
24,635

 
45,940

 
23,246

 
22,694

Above-market cost arrangements
 
12,416

 
3,789

 
8,627

 
12,416

 
2,857

 
9,559

Above-market leases
 
8,925

 
7,278

 
1,647

 
10,118

 
8,037

 
2,081

Market concentration premium
 
1,333

 
339

 
994

 
1,333

 
314

 
1,019

 
 
$
204,465

 
$
123,406

 
$
81,059

 
$
221,168

 
$
132,048

 
$
89,120