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Deferred Leasing Costs and Lease Intangibles, net (Tables)
 6 Months Ended
Jun. 30, 2017
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, 2017
 
December 31, 2016
Above-market leases
$
21,881

 
$
23,430

Accumulated amortization
(14,706
)
 
(12,989
)
Above-market leases, net
7,175

 
10,441

Deferred leasing costs and in-place lease intangibles
371,813

 
378,540

Accumulated amortization
(161,756
)
 
(145,551
)
Deferred leasing costs and in-place lease intangibles, net
210,057

 
232,989

Below-market ground leases
71,210

 
71,423

Accumulated amortization
(6,170
)
 
(4,891
)
Below-market ground leases, net
65,040

 
66,532

Deferred leasing costs and lease intangible assets, net
$
282,272

 
$
309,962

 
 
 
 
Below-market leases
$
134,472

 
$
141,676

Accumulated amortization
(69,018
)
 
(62,552
)
Below-market leases, net
65,454

 
79,124

Above-market ground leases
1,095

 
1,095

Accumulated amortization
(111
)
 
(89
)
Above-market ground leases, net
984

 
1,006

Lease intangible liabilities, net
$
66,438

 
$
80,130

    
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,
 
2017
 
2016
 
2017
 
2016
Above-market leases(1)
$
1,911

 
$
3,695

 
$
3,267

 
$
7,414

Below-market leases(1)
6,584

 
8,146

 
13,672

 
16,716

Deferred leasing costs and in-place lease intangibles(2)
20,644

 
22,098

 
40,437

 
44,666

Above-market ground leases(3)
11

 
11

 
22


22

Below-market ground leases(3)
844

 
546

 
1,492


1,092


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