Quarterly report pursuant to Section 13 or 15(d)

Intangible Assets on Real Estate Acquisition, Net (Tables)

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Intangible Assets on Real Estate Acquisition, Net (Tables)
6 Months Ended
Jun. 30, 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, excluding amounts for properties held for sale (in thousands):
 
 
June 30, 2015
 
December 31, 2014
 
 
Gross Carrying Amount
 
Accumulated Amortization
 
Net
 Carrying Amount
 
Gross Carrying Amount
 
Accumulated Amortization
 
Net
Carrying Amount
In-place lease value
 
$
134,387

 
$
95,910

 
$
38,477

 
$
123,759

 
$
101,040

 
$
22,719

Tenant relationship value
 
58,560

 
27,666

 
30,894

 
42,301

 
28,492

 
13,809

Below-market cost arrangements
 
12,415

 
6,324

 
6,091

 
12,415

 
5,984

 
6,431

Above-market leases
 
14,344

 
8,467

 
5,877

 
8,659

 
8,159

 
500

Market concentration premium
 
1,333

 
944

 
389

 
1,333

 
938

 
395

 
 
$
221,039

 
$
139,311

 
$
81,728

 
$
188,467

 
$
144,613

 
$
43,854