NOTE 7 — INTANGIBLES

The following is a summary of our intangibles as of September 30, 2011 and December 31, 2010:


	September 30,			December 31,
	2011			2010
	(Dollars in thousands)

Intangible assets:
Above market lease intangibles	$	203,460		$	13,232
In-place and other lease intangibles		618,153			133,582
Other intangibles		16,453			13,649
Accumulated amortization		(152,486	)		(100,808	)
Goodwill		288,196			19,901

Net intangible assets	$	973,776		$	79,556


Remaining weighted average amortization period of lease-related intangible assets in years		19.6			18.5

Intangible liabilities:
Below market lease intangibles	$	486,228		$	22,398
Other lease intangibles		157,971			—
Accumulated amortization		(26,425	)		(12,495	)

Net intangible liabilities	$	617,774		$	9,903


Remaining weighted average amortization period of lease-related intangible liabilities in years		18.5			6.9

Above market lease intangibles and in-place and other lease intangibles are included in acquired lease intangibles within real estate investments on our Consolidated Balance Sheets. Other intangibles (including non-compete agreements and trade names/trademarks) and goodwill are included in other assets on our Consolidated Balance Sheets. Below market lease and other lease intangibles are included in accounts payable and other liabilities on our Consolidated Balance Sheets. For the three months ended September 30, 2011 and 2010, our net amortization expense related to these intangibles was $23.9 million and $2.3 million, respectively. For the nine months ended September 30, 2011 and 2010, our net amortization expense related to these intangibles was $40.0 million and $5.7 million, respectively. The estimated net amortization expense related to these intangibles for each of the next five years is as follows: 2012 — $76.1 million; 2013 — $18.4 million; 2014 — $15.0 million; 2015 — $8.9 million; and 2016 — $7.0 million.