Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2012

Depreciation expense is computed using the straight-line method based on the following useful lives:


		Years
Buildings and Improvements		7 to 50
Land Improvements		3 to 20
Furniture, Fixtures and Equipment		4 to 10

Deferred Leasing Intangibles Included in Total Assets

Deferred Leasing Intangibles, net of accumulated amortization (exclusive of Deferred Leasing Intangibles held for sale) included in our total assets consist of the following:


	December 31, 2012		December 31, 2011
In-Place Leases	$	17,200	$	19,587
Above Market Leases		4,888		5,888
Tenant Relationships		11,102		12,562

Total Included in Total Assets, Net of $36,327 and $34,869 of Accumulated Amortization	$	33,190	$	38,037

Deferred Leasing Intangibles Included in Total Liabilities

Deferred Leasing Intangibles, net of accumulated amortization (exclusive of Deferred Leasing Intangibles held for sale) included in our total liabilities consist of the following:

Below Market Leases	$	15,522	$	16,567

Total Included in Total Liabilities, Net of $9,389 and $9,340 of Accumulated Amortization	$	15,522	$	16,567

Net Amortization Expense Related to Deferred Leasing Intangibles

We will recognize net amortization related to deferred leasing intangibles over the next five years, for properties owned as of December 31, 2012 as follows:


	Estimated Amortization of In-Place Leases and Tenant Relationships		Estimated Net Increase to Rental Revenues Related to Above and Below Market Leases
2013	$	5,584	$	631
2014	$	4,551	$	472
2015	$	3,750	$	455
2016	$	2,615	$	968
2017	$	2,227	$	908