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Deferred Leasing Costs and Lease Intangibles, net | 12 Months Ended
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Dec. 31, 2015
Goodwill and Intangible Assets Disclosure [Abstract] |
Deferred Leasing Costs and Lease Intangibles, net | Deferred Leasing Costs and Lease Intangibles, net The following summarizes our deferred leasing costs and lease intangibles as of:
| December 31, 2015 |  | December 31, 2014
Above-market leases | $ | 38,481 |  |  | $ | 10,891 |
Accumulated amortization | (17,210 | ) |  | (5,743 | )
Above-market leases, net | 21,271 |  |  | 5,148 |
Deferred leasing costs and in-place lease intangibles | 352,276 |  |  | 130,370 |
Accumulated amortization | (112,337 | ) |  | (39,939 | )
Deferred leasing costs and in-place lease intangibles, net | 239,939 |  |  | 90,431 |
Below-market ground leases | 59,578 |  |  | 7,513 |
Accumulated amortization | (2,757 | ) |  | (1,069 | )
Below-market ground leases, net | 56,821 |  |  | 6,444 |
Deferred leasing costs and lease intangibles assets, net | $ | 318,031 |  |  | $ | 102,023 |
Below-market leases | 140,041 |  |  | 57,420 |
Accumulated amortization | (45,882 | ) |  | (16,451 | )
Below-market leases, net | 94,159 |  |  | 40,969 |
Above-market ground leases | 1,095 |  |  | — |
Accumulated amortization | (46 | ) |  | — |
Above-market ground leases, net | 1,049 |  |  | — |
Lease intangible liabilities, net | $ | 95,208 |  |  | $ | 40,969 |
The company recognized the following amortization related to deferred leasing cost and lease intangibles:
| For the Year Ended |  | Consolidated Financial
| 2015 |  | 2014 |  | 2013 |  | Statement Classification
Above-market lease | 12,534 |  |  | 2,026 |  |  | 2,542 |  |  | Rental Revenue
Below-market lease | (34,607 | ) |  | (7,661 | ) |  | (8,570 | ) |  | Rental Revenue
Deferred lease costs and in-place lease intangibles | 91,965 |  |  | 20,879 |  |  | 24,374 |  |  | Depreciation and amortization expense
Above-market ground lease | (46 | ) |  | — |  |  | — |  |  | Office operating expenses
Below-market ground lease | 1,688 |  |  | 248 |  |  | 247 |  |  | Office operating expenses
As of December 31, 2015, the estimated aggregate amortization of deferred leasing costs and lease intangible assets, net for each of the next five years and thereafter are as follows:
Year ended |  | Above-market leases |  | Deferred lease cost and in-place lease intangibles |  | Below-market ground leases
2016 |  | $ | 11,242 |  |  | $ | 76,208 |  |  | $ | 2,182 |
2017 |  | 3,700 |  |  | 49,994 |  |  | 2,182 |
2018 |  | 3,030 |  |  | 30,275 |  |  | 2,182 |
2019 |  | 2,515 |  |  | 23,355 |  |  | 2,182 |
2020 |  | 386 |  |  | 13,099 |  |  | 2,182 |
Thereafter |  | 398 |  |  | 47,008 |  |  | 45,911 |
|  | $ | 21,271 |  |  | $ | 239,939 |  |  | $ | 56,821 |
As of December 31, 2015 the estimated amortization of below-market leases, net for each of the next five years and thereafter are as follows:
Year ended | Below-market lease |  | Above-market ground leases
2016 | $ | 30,319 |  |  | $ | 43 |
2017 | 21,663 |  |  | 43 |
2018 | 13,669 |  |  | 43 |
2019 | 10,778 |  |  | 43 |
2020 | 7,450 |  |  | 43 |
Thereafter | 10,280 |  |  | 834 |
| $ | 94,159 |  |  | $ | 1,049 |

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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 1 -URI http://asc.fasb.org/extlink&oid=26713463&loc=d3e16265-109275 Reference 2: 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=26713463&loc=d3e16323-109275 Reference 3: 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=26713463&loc=d3e16373-109275 + Details
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