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Intangible Assets and Liabilities LP | 6 Months Ended
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Jun. 30, 2011
Intangible Assets and Liabilities [Abstract] |
Intangible Assets and Liabilities | 5. Intangible Assets and Liabilities The following table sets forth total intangible assets and liabilities, net of accumulated amortization:
|  | June 30, 2011 |  | December 31, 2010 |
Assets: |  |  |  |  |  |  |
Deferred financing costs |  | $ | 17,295 |  | $ | 16,412 |
Less accumulated amortization |  |  | (7,996 | ) |  | (7,054 | )
|  |  | 9,299 |  |  | 9,358 |
Deferred leasing costs (including lease incentives and acquisition-related intangible assets) |  |  | 130,415 |  |  | 127,949 |
Less accumulated amortization |  |  | (54,546 | ) |  | (52,306 | )
|  |  | 75,869 |  |  | 75,643 |
Deferred financing and leasing costs, net |  | $ | 85,168 |  | $ | 85,001 |
Liabilities (in accounts payable, accrued expenses and other liabilities): |  |  |  |  |  |  |
Acquisition-related intangible liabilities |  | $ | 720 |  | $ | 658 |
Less accumulated amortization |  |  | (226 | ) |  | (125 | )
|  | $ | 494 |  | $ | 533 |
The following table sets forth amortization of intangible assets and liabilities:
|  | Three Months Ended June 30, |  | Six Months Ended June 30, |
|  | 2011 |  | 2010 |  | 2011 |  | 2010 |
Amortization of deferred financing costs |  | $ | 821 |  | $ | 835 |  | $ | 1,642 |  | $ | 1,670 |
Amortization of deferred leasing costs and acquisition-related intangible assets (in depreciation and amortization) |  | $ | 4,401 |  | $ | 3,817 |  | $ | 8,757 |  | $ | 7,583 |
Amortization of lease incentives (in rental and other revenues) |  | $ | 303 |  | $ | 276 |  | $ | 641 |  | $ | 537 |
Amortization of acquisition-related intangible assets and liabilities (in rental and other revenues) |  | $ | 166 |  | $ | 36 |  | $ | 327 |  | $ | 76 |
The following table sets forth scheduled future amortization of intangible assets and liabilities:
|  | Amortization of Deferred Financing Costs |  | Amortization of Deferred Leasing Costs and Acquisition-Related Intangible Assets (in Depreciation and Amortization) |  | Amortization of Lease Incentives (in Rental and Other Revenues) |  | Amortization of Acquisition-Related Intangible Assets and Liabilities (in Rental and Other Revenues) |
July 1, 2011 through December 31, 2011 |  | $ | 1,724 |  | $ | 8,653 |  | $ | 613 |  | $ | 320 |
2012 |  |  | 3,093 |  |  | 15,087 |  |  | 1,141 |  |  | 561 |
2013 |  |  | 1,486 |  |  | 12,106 |  |  | 983 |  |  | 390 |
2014 |  |  | 1,098 |  |  | 9,398 |  |  | 819 |  |  | 298 |
2015 |  |  | 1,098 |  |  | 6,966 |  |  | 603 |  |  | 188 |
Thereafter |  |  | 800 |  |  | 14,690 |  |  | 2,088 |  |  | 471 |
|  | $ | 9,299 |  | $ | 66,900 |  | $ | 6,247 |  | $ | 2,228 |
The weighted average remaining amortization periods for deferred financing costs, deferred leasing costs and acquisition-related intangible assets (in depreciation and amortization), lease incentives (in rental and other revenues) and acquisition-related intangible assets and liabilities (in rental and other revenues) were 3.3 years, 6.1 years, 7.9 years and 6.3 years, respectively, as of June 30, 2011. In connection with the acquisition of a medical office property in Raleigh, NC in the second quarter of 2011, we recorded $0.1 million of above market lease intangible assets and $0.9 million of in-place lease intangible assets with weighted average amortization periods of 3.0 years each at the date of the acquisition.

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- Definition The entire disclosure for all or part of the information related to intangible assets. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6905858&loc=d3e16373-109275 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 142 -Paragraph 44, 45, 46 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6905858&loc=d3e16323-109275 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6905858&loc=d3e16265-109275 + Details
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