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ACQUIRED LEASE INTANGIBLES | 12 Months Ended
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Dec. 31, 2015
Goodwill and Intangible Assets Disclosure [Abstract] |
Acquired Lease Intangibles | Acquired Lease Intangibles Upon acquisitions of real estate accounted for as business combinations, the Company assesses the fair value of acquired assets (including land, buildings and improvements, and identified intangibles such as above and below market leases, including below market options, acquired in-place leases and customer relationships) and assumed liabilities in accordance with ASC Topic 805. The lease intangibles are amortized over the remaining terms of the respective leases, including option periods where applicable. The scheduled amortization of acquired lease intangible assets and assumed liabilities as of December 31, 2015 is as follows:
(dollars in thousands) |  | Acquired lease intangibles
|  | Assets |  | Liabilities
2016 |  | $ | 9,032 |  |  | $ | 6,233 |
2017 |  | 7,245 |  |  | 5,429 |
2018 |  | 6,518 |  |  | 4,481 |
2019 |  | 5,923 |  |  | 3,786 |
2020 |  | 4,849 |  |  | 2,772 |
Thereafter |  | 19,026 |  |  | 9,108 |
Total |  | $ | 52,593 |  |  | $ | 31,809 |

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