XML 35 R13.htm IDEA: XBRL DOCUMENT
v3.19.3

Deferred Leasing Costs and Lease Intangibles, net | 9 Months Ended
--- | ---
Sep. 30, 2019
Leases [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 as of:
| September 30, 2019 |  | December 31, 2018
Deferred leasing costs and in-place lease intangibles | $ | 362,219 |  |  | $ | 336,535 |
Accumulated amortization | (131,230) |  |  | (123,432) |
Deferred leasing costs and in-place lease intangibles, net | 230,989 |  |  | 213,103 |
Below-market ground leases | 72,916 |  |  | 72,916 |
Accumulated amortization | (10,810) |  |  | (8,932) |
Below-market ground leases, net | 62,106 |  |  | 63,984 |
Above-market leases | 8,047 |  |  | 8,425 |
Accumulated amortization | (6,183) |  |  | (5,616) |
Above-market leases, net | 1,864 |  |  | 2,809 |
DEFERRED LEASING COSTS AND LEASE INTANGIBLE ASSETS, NET | $ | 294,959 |  |  | $ | 279,896 |
Below-market leases | $ | 88,777 |  |  | $ | 101,736 |
Accumulated amortization | (54,946) |  |  | (57,043) |
Below-market leases, net | 33,831 |  |  | 44,693 |
Above-market ground leases | 1,095 |  |  | 1,095 |
Accumulated amortization | (209) |  |  | (176) |
Above-market ground leases, net | 886 |  |  | 919 |
LEASE INTANGIBLE LIABILITIES, NET | $ | 34,717 |  |  | $ | 45,612 |
The Company recognized the following amortization related to deferred leasing costs and lease intangibles:
| Three Months Ended September 30, |  |  |  | Nine Months Ended September 30, |  |
| 2019 |  | 2018 |  | 2019 |  | 2018
Deferred leasing costs and in-place lease intangibles(1) | $ | (10,813) |  |  | $ | (11,038) |  |  | $ | (34,006) |  |  | $ | (34,157) |
Below-market ground leases(2) | $ | (626) |  |  | $ | (602) |  |  | $ | (1,878) |  |  | $ | (1,840) |
Above-market leases(3) | $ | (296) |  |  | $ | (355) |  |  | $ | (944) |  |  | $ | (1,238) |
Below-market leases(3) | $ | 3,106 |  |  | $ | 3,584 |  |  | $ | 10,863 |  |  | $ | 11,509 |
Above-market ground leases(2) | $ | 11 |  |  | $ | 11 |  |  | $ | 33 |  |  | $ | 33 |
__________________ 1.Amortization is recorded in depreciation and amortization expenses and office rental revenues in the Consolidated Statements of Operations. 2.Amortization is recorded in office operating expenses in the Consolidated Statements of Operations. 3.Amortization is recorded in rental revenues in the Consolidated Statements of Operations.

X
- Definition The entire disclosure for all or part of the information related to intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -URI http://asc.fasb.org/topic&trid=2144416 + Details
Name: | us-gaap_IntangibleAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_LeasesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration