Annual report pursuant to Section 13 and 15(d)

Intangible Assets on Real Estate Acquisitions (Tables)

v2.4.0.8
Intangible Assets on Real Estate Acquisitions (Tables)
12 Months Ended
Dec. 31, 2013
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, 2013
 
December 31, 2012
 
 
Gross Carrying Amount
 
Accumulated Amortization
 
Net
 Carrying Amount
 
Gross Carrying Amount
 
Accumulated Amortization
 
Net
Carrying Amount
In-place lease value
 
$
125,504

 
$
93,885

 
$
31,619

 
$
134,964

 
$
93,362

 
$
41,602

Tenant relationship value
 
44,414

 
25,962

 
18,452

 
46,828

 
23,346

 
23,482

Below-market cost arrangements
 
12,416

 
5,136

 
7,280

 
12,416

 
4,100

 
8,316

Above-market leases
 
8,925

 
7,970

 
955

 
8,925

 
7,432

 
1,493

Market concentration premium
 
1,333

 
381

 
952

 
1,333

 
347

 
986

 
 
$
192,592

 
$
133,334

 
$
59,258

 
$
204,466

 
$
128,587

 
$
75,879