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Lease Intangibles (Tables) | 9 Months Ended
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Sep. 30, 2017
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Finite-Lived Intangible Assets | Intangible assets and liabilities are summarized as follows (in thousands):
| September 30, 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 | $ | 185,273 |  |  | $ | (67,747 | ) |  | $ | 117,526 |  |  | $ | 156,420 |  |  | $ | (47,827 | ) |  | $ | 108,593 |
Above-market rent | 18,239 |  |  | (12,172 | ) |  | 6,067 |  |  | 16,649 |  |  | (10,658 | ) |  | 5,991 |
| $ | 203,512 |  |  | $ | (79,919 | ) |  | $ | 123,593 |  |  | $ | 173,069 |  |  | $ | (58,485 | ) |  | $ | 114,584 |
Amortizable Intangible Liabilities |  |  |  |  |  |  |  |  |  |  |
Below-market rent | $ | (144,218 | ) |  | $ | 40,207 |  |  | $ | (104,011 | ) |  | $ | (137,032 | ) |  | $ | 32,004 |  |  | $ | (105,028 | )
Above-market ground lease | (671 | ) |  | 19 |  |  | (652 | ) |  | — |  |  | — |  |  | — |
| $ | (144,889 | ) |  | $ | 40,226 |  |  | $ | (104,663 | ) |  | $ | (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 September 30, 2017 is as follows (in thousands):
Years Ending December 31, |  | Net Increase in Lease Revenues |  | Increase to Amortization |  | Reduction of Rent Expense |  | Net Income (Expense)
2017 (Remainder) |  | $ | 3,046 |  |  | $ | (7,596 | ) |  | $ | 15 |  |  | $ | (4,535 | )
2018 |  | 9,874 |  |  | (26,009 | ) |  | 58 |  |  | (16,077 | )
2019 |  | 9,512 |  |  | (18,849 | ) |  | 58 |  |  | (9,279 | )
2020 |  | 7,860 |  |  | (14,011 | ) |  | 58 |  |  | (6,093 | )
2021 |  | 7,457 |  |  | (11,286 | ) |  | 58 |  |  | (3,771 | )
Thereafter |  | 60,195 |  |  | (39,775 | ) |  | 405 |  |  | 20,825 |
Total |  | $ | 97,944 |  |  | $ | (117,526 | ) |  | $ | 652 |  |  | $ | (18,930 | )

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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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