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Deferred Leasing Costs and Lease Intangibles, net | 12 Months Ended
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Dec. 31, 2016
Goodwill and Intangible Assets Disclosure [Abstract] |
Deferred Leasing Costs and Lease Intangibles, net | Deferred Leasing Costs and Lease Intangibles, net The following summarizes the Company’s deferred leasing costs and lease intangibles, net as of:
| December 31, 2016 |  | December 31, 2015
Above-market leases | $ | 23,430 |  |  | $ | 38,392 |
Accumulated amortization | (12,989 | ) |  | (17,166 | )
Above-market leases, net | 10,441 |  |  | 21,226 |
Deferred leasing costs and in-place lease intangibles | 378,640 |  |  | 345,434 |
Accumulated amortization | (145,551 | ) |  | (110,116 | )
Deferred leasing costs and in-place lease intangibles, net | 233,089 |  |  | 235,318 |
Below-market ground leases | 71,423 |  |  | 59,085 |
Accumulated amortization | (4,891 | ) |  | (2,699 | )
Below-market ground leases, net | 66,532 |  |  | 56,386 |
Deferred leasing costs and lease intangible assets, net | $ | 310,062 |  |  | $ | 312,930 |
Below-market leases | 141,676 |  |  | 138,699 |
Accumulated amortization | (62,552 | ) |  | (45,353 | )
Below-market leases, net | 79,124 |  |  | 93,346 |
Above-market ground leases | 1,095 |  |  | 1,095 |
Accumulated amortization | (89 | ) |  | (46 | )
Above-market ground leases, net | 1,006 |  |  | 1,049 |
Lease intangible liabilities, net | $ | 80,130 |  |  | $ | 94,395 |
The Company recognized the following amortization related to deferred leasing costs and lease intangibles:
| For the Year Ended December 31,
| 2016 |  | 2015 |  | 2014
Above-market leases(1) | $ | 11,259 |  |  | $ | 12,534 |  |  | $ | 2,026 |
Below-market leases(1) | 30,993 |  |  | 34,607 |  |  | 7,661 |
Deferred leasing costs and in-place lease intangibles(2) | 84,492 |  |  | 91,965 |  |  | 20,879 |
Above-market ground leases(3) | 43 |  |  | 46 |  |  | — |
Below-market ground leases(3) | 2,203 |  |  | 1,688 |  |  | 248 |
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(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.
As of December 31, 2016, the estimated aggregate amortization of deferred leasing costs and lease intangible assets for each of the next five years and thereafter are as follows:
Year ended |  | Above-market leases |  | Deferred leasing costs and in-place lease intangibles |  | Below-market ground leases
2017 |  | $ | 3,780 |  |  | $ | 62,686 |  |  | $ | 2,544 |
2018 |  | 3,113 |  |  | 40,425 |  |  | 2,544 |
2019 |  | 2,598 |  |  | 31,731 |  |  | 2,544 |
2020 |  | 466 |  |  | 20,447 |  |  | 2,544 |
2021 |  | 329 |  |  | 15,974 |  |  | 2,544 |
Thereafter |  | 155 |  |  | 61,826 |  |  | 53,812 |
Total |  | $ | 10,441 |  |  | $ | 233,089 |  |  | $ | 66,532 |
As of December 31, 2016 the estimated aggregate amortization of lease intangible liabilities for each of the next five years and thereafter are as follows:
Year ended |  | Below-market leases |  | Above-market ground leases
2017 |  | $ | 24,394 |  |  | $ | 43 |
2018 |  | 16,400 |  |  | 43 |
2019 |  | 12,907 |  |  | 43 |
2020 |  | 9,460 |  |  | 43 |
2021 |  | 6,953 |  |  | 43 |
Thereafter |  | 9,010 |  |  | 791 |
Total |  | $ | 79,124 |  |  | $ | 1,006 |

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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=66006027&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=66006027&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=66006027&loc=d3e16373-109275 + Details
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