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Lease Intangibles (Tables) | 3 Months Ended
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Mar. 31, 2017
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Finite-Lived Intangible Assets | Intangible assets and liabilities are summarized as follows (in thousands):
| March 31, 2017 |  | December 31, 2016
| Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount
Amortizable Intangible Assets |  |  |  |  |  |  |  |  |  |  |
In-place lease intangible assets | $ | 163,219 |  |  | $ | (53,027 | ) |  | $ | 110,192 |  |  | $ | 156,420 |  |  | $ | (47,827 | ) |  | $ | 108,593 |
Above-market rent | 17,295 |  |  | (11,116 | ) |  | 6,179 |  |  | 16,649 |  |  | (10,658 | ) |  | 5,991 |
| $ | 180,514 |  |  | $ | (64,143 | ) |  | $ | 116,371 |  |  | $ | 173,069 |  |  | $ | (58,485 | ) |  | $ | 114,584 |
Amortizable Intangible Liabilities |  |  |  |  |  |  |  |  |  |  |
Below-market rent | $ | (138,476 | ) |  | $ | 34,903 |  |  | $ | (103,573 | ) |  | $ | (137,032 | ) |  | $ | 32,004 |  |  | $ | (105,028 | )
| $ | (138,476 | ) |  | $ | 34,903 |  |  | $ | (103,573 | ) |  | $ | (137,032 | ) |  | $ | 32,004 |  |  | $ | (105,028 | )
Schedule of Amortization of Acquired Lease Intangible Assets and Liabilities | The scheduled amortization of acquired lease intangible assets and assumed liabilities as of March 31, 2017 is as follows (in thousands):
Years Ending December 31, |  | Net Increase in Lease Revenues |  | Increase to Amortization |  | Net
2017 (Remainder) |  | $ | 9,068 |  |  | $ | 23,802 |  |  | $ | (14,734 | )
2018 |  | 9,439 |  |  | 18,149 |  |  | (8,710 | )
2019 |  | 9,021 |  |  | 12,823 |  |  | (3,802 | )
2020 |  | 7,746 |  |  | 10,595 |  |  | (2,849 | )
2021 |  | 6,883 |  |  | 9,022 |  |  | (2,139 | )
Thereafter |  | 55,237 |  |  | 35,801 |  |  | 19,436 |
Total |  | $ | 97,394 |  |  | $ | 110,192 |  |  | $ | (12,798 | )

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- Definition Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance with a finite life, by either major class or business segment. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16265-109275 + Details
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- Definition Tabular disclosure of the amount of amortization expense expected to be recorded in succeeding fiscal years for finite-lived 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 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275 + Details
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