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Deferred Leasing Costs and Lease Intangibles, net (Tables)
 6 Months Ended
Jun. 30, 2016
Leases [Abstract]  
Schedule of Deferred Leasing Cost and Lease Intangibles
The following summarizes the Company’s deferred leasing costs and lease intangibles as of:
 
June 30, 2016
 
December 31, 2015
Above-market leases
$
38,252

 
$
38,465

Accumulated amortization
(24,416
)
 
(17,206
)
Above-market leases, net
13,836

 
21,259

 
 
 
 
Deferred leasing costs and in-place lease intangibles
353,698

 
347,531

Accumulated amortization
(130,072
)
 
(111,128
)
Deferred leasing costs and in-place lease intangibles, net
223,626

 
236,403

 
 
 
 
Below-market ground leases
59,578

 
59,578

Accumulated amortization
(3,849
)
 
(2,757
)
Below-market ground leases, net
55,729

 
56,821

 
 
 
 
Deferred leasing costs and lease intangible assets, net
$
293,191

 
$
314,483

 
 
 
 
Below-market leases
$
130,880

 
$
138,852

Accumulated amortization
(54,067
)
 
(45,455
)
Below-market leases, net
76,813

 
93,397

 
 
 
 
Above-market ground leases
1,095

 
1,095

Accumulated amortization
(67
)
 
(46
)
Above-market ground leases, net
1,028

 
1,049

 
 
 
 
Lease intangible liabilities, net
$
77,841

 
$
94,446
Schedule of Amortization During Period
The Company recognized the following amortization related to deferred leasing costs and lease intangibles:
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2016
 
2015
 
2016
 
2015
Above-market lease(1)
$
3,695

 
$
3,892

 
$
7,414

 
$
4,262

Below-market lease(1)
8,146

 
14,305

 
16,716

 
16,119

Deferred leasing costs and in-place lease intangibles(2)
22,098

 
31,516

 
44,666

 
35,746

Above-market ground lease(3)
11

 
17

 
22

 
17

Below-market ground lease(3)
546

 
532

 
1,092

 
594


__________________ 
(1)
Amortization is recorded in office rental income in the Consolidated Statements of Operations.
(2)
Amortization is recorded in depreciation and amortization expense and office rental income in the Consolidated Statements of Operations.
(3)
Amortization is recorded in office operating expenses in the Consolidated Statements of Operations.