v2.4.0.6
Intangibles
12 Months Ended
Dec. 31, 2011
Intangibles  
Intangibles

Note 8—Intangibles

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

 
  December 31, 2011   December 31, 2010  
 
  Balance   Remaining
Weighted Average
Amortization
Period in Years
  Balance   Remaining
Weighted Average
Amortization
Period in Years
 
 
  (Dollars in thousands)
 

Intangible assets:

                         

Above market lease intangibles

  $ 210,358     10.1   $ 13,232     7.1  

In-place and other lease intangibles

    590,500     22.4     133,582     18.3  

Other intangibles

    16,169     13.5     13,649     17.1  

Accumulated amortization

    (188,442 )   N/A     (100,808 )   N/A  

Goodwill

    448,393     N/A     19,901     N/A  
                       

Net intangible assets

  $ 1,076,978     18.5   $ 79,556     16.9  
                       

Intangible liabilities:

                         

Below market lease intangibles

  $ 442,612     15.3   $ 22,398     6.9  

Other lease intangibles

    27,157     7.9          

Accumulated amortization

    (37,607 )   N/A     (12,495 )   N/A  

Purchase option intangibles

    112,670     N/A          
                       

Net intangible liabilities

  $ 544,832     15.2   $ 9,903     6.9  
                       

N/A—Not Applicable.
 

        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, other lease and purchase option intangibles are included in accounts payable and other liabilities on our Consolidated Balance Sheets. For the years ended December 31, 2011, 2010 and 2009, our net amortization related to these intangibles was $62.5 million, $6.9 million and $1.9 million, respectively. The estimated net amortization related to these intangibles for each of the next five years is as follows: 2012—$82.9 million; 2013—$19.2 million; 2014—$14.4 million; 2015—$10.4 million; and 2016—$6.4 million.