XML 39 R28.htm IDEA: XBRL DOCUMENT v3.5.0.2
Investments in Real Estate (Tables)
6 Months Ended
Jun. 30, 2016
Investments in Real Estate  
Schedule of future impact of above-market, below-market and in-place lease intangibles

 

The following table presents the estimated impact during the next five years and thereafter related to the amortization of the acquired above-market and below-market lease intangibles and the amortization of the in-place lease intangibles for properties held for investment at June 30, 2016 (in thousands):

 

 

 

Net increase

 

Increase to

 

 

 

(decrease) to

 

amortization

 

 

 

rental revenue

 

expense

 

2016

 

$

(4,270

)

$

48,008

 

2017

 

(8,495

)

94,899

 

2018

 

(8,247

)

92,404

 

2019

 

(7,257

)

81,720

 

2020

 

(6,584

)

75,916

 

Thereafter

 

39,291

 

418,024

 

 

 

 

 

 

 

 

 

 

 

 

 

Totals

 

$

4,438

 

$

810,971