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Investments in Real Estate (Tables)
12 Months Ended
Dec. 31, 2017
Investments in Real Estate  
Schedule of future impact related to amortization 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 December 31, 2017 (in thousands):

 

 

 

Net

 

Increase to

 

 

 

decrease to

 

amortization

 

 

 

rental revenue

 

expense

 

2018

 

  $

(16,527

)

  $

104,612

 

2019

 

(15,545

)

94,374

 

2020

 

(14,776

)

88,679

 

2021

 

(13,484

)

80,513

 

2022

 

(11,753

)

69,700

 

Thereafter

 

(25,373

)

390,798

 

Totals

 

  $

(97,458

)

  $

828,676