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Investments in Real Estate (Tables)
6 Months Ended
Jun. 30, 2017
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 at June 30, 2017 (in thousands):

 

 

Net

 

Increase to

 

 

 

decrease to

 

amortization

 

 

 

rental revenue

 

expense

 

2017

 

$

(7,566

)

$

51,102

 

2018

 

(14,903

)

100,243

 

2019

 

(13,923

)

89,984

 

2020

 

(13,154

)

84,501

 

2021

 

(11,863

)

76,535

 

Thereafter

 

(26,492

)

423,551

 

 

 

 

 

 

 

 

Totals

 

$

(87,901

)

$

825,916