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Lease Intangibles (Tables) | 3 Months Ended
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Mar. 31, 2019
Goodwill And Intangible Assets Disclosure [Abstract] |
Schedule of Intangible Assets and Liabilities Included in Other Assets and Other Liabilities | Intangible assets and liabilities are included in other assets and other liabilities (Note 5) on the consolidated balance sheet and summarized as follows (in thousands):
|  | March 31, 2019 |  |  | December 31, 2018 |
|  | Gross Carrying Amount |  |  | Accumulated Amortization |  |  | Net Carrying Amount |  |  | Gross Carrying Amount |  |  | Accumulated Amortization |  |  | Net Carrying Amount |
Amortizable Intangible Assets |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
In-place lease intangible assets |  | $ | 220,293 |  |  | $ | (114,578 | ) |  | $ | 105,715 |  |  | $ | 216,021 |  |  | $ | (105,972 | ) |  | $ | 110,049 |
Above-market rent |  |  | 17,754 |  |  |  | (12,835 | ) |  |  | 4,919 |  |  |  | 18,169 |  |  |  | (12,279 | ) |  |  | 5,890 |
|  | $ | 238,047 |  |  | $ | (127,413 | ) |  | $ | 110,634 |  |  | $ | 234,190 |  |  | $ | (118,251 | ) |  | $ | 115,939 |
Amortizable Intangible Liabilities |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Below-market rent |  | $ | (152,482 | ) |  | $ | 66,226 |  |  | $ | (86,256 | ) |  | $ | (152,188 | ) |  | $ | 57,721 |  |  | $ | (94,467 | )
Above-market ground lease |  |  | (671 | ) |  |  | 108 |  |  |  | (563 | ) |  |  | (671 | ) |  |  | 93 |  |  |  | (578 | )
|  | $ | (153,153 | ) |  | $ | 66,334 |  |  | $ | (86,819 | ) |  | $ | (152,859 | ) |  | $ | 57,814 |  |  | $ | (95,045 | )
Scheduled Amortization of Acquired Lease Intangible Assets and Assumed Liabilities | The scheduled amortization of acquired lease intangible assets and assumed liabilities as of March 31, 2019 is as follows (in thousands):
Years Ending December 31, |  | Net Increase in Lease Revenues |  |  | Increase to Amortization |  |  | Reduction of Rent Expense |  |  | Net (Expense) Income |
2019 (Remainder) |  | $ | 6,418 |  |  | $ | (20,111 | ) |  | $ | 44 |  |  | $ | (13,649 | )
2020 |  |  | 8,217 |  |  |  | (20,671 | ) |  |  | 58 |  |  |  | (12,396 | )
2021 |  |  | 7,739 |  |  |  | (15,351 | ) |  |  | 58 |  |  |  | (7,554 | )
2022 |  |  | 7,380 |  |  |  | (10,627 | ) |  |  | 58 |  |  |  | (3,189 | )
2023 |  |  | 7,406 |  |  |  | (8,481 | ) |  |  | 58 |  |  |  | (1,017 | )
Thereafter |  |  | 44,177 |  |  |  | (30,474 | ) |  |  | 287 |  |  |  | 13,990 |
Total |  | $ | 81,337 |  |  | $ | (105,715 | ) |  | $ | 563 |  |  | $ | (23,815 | )

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