Quarterly report pursuant to Section 13 or 15(d)

Intangible Assets on Real Estate Acquisitions (Tables)

v2.4.1.9
Intangible Assets on Real Estate Acquisitions (Tables)
3 Months Ended
Mar. 31, 2015
Intangible Assets on Real Estate Acquisitions [Abstract]  
Schedule of intangible assets on real estate acquisitions
Intangible assets on real estate acquisitions consisted of the following (in thousands):
 
 
March 31, 2015
 
December 31, 2014
 
 
Gross Carrying Amount
 
Accumulated Amortization
 
Net
 Carrying Amount
 
Gross Carrying Amount
 
Accumulated Amortization
 
Net
Carrying Amount
In-place lease value
 
$
133,395

 
$
102,019

 
$
31,376

 
$
123,759

 
$
101,040

 
$
22,719

Tenant relationship value
 
49,552

 
29,265

 
20,287

 
42,301

 
28,492

 
13,809

Below-market cost arrangements
 
12,415

 
6,154

 
6,261

 
12,415

 
5,984

 
6,431

Above-market leases
 
11,372

 
8,211

 
3,161

 
8,659

 
8,159

 
500

Market concentration premium
 
1,333

 
941

 
392

 
1,333

 
938

 
395

 
 
$
208,067

 
$
146,590

 
$
61,477

 
$
188,467

 
$
144,613

 
$
43,854