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Intangible Assets And Liabilities | 12 Months Ended
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Dec. 31, 2011
Goodwill and Intangible Assets Disclosure [Abstract] |
INTANGIBLE ASSETS AND LIABILITIES | INTANGIBLE ASSETS AND LIABILITIES As of December 31, 2011 and 2010, the Company’s intangible assets/liabilities were comprised of the following (in thousands):
| December 31, 2011
| Total Cost |  | Accumulated Amortization |  | Intangibles, net
In-place lease value | $ | 91,426 |  |  | $ | (55,498 | ) |  | $ | 35,928 |
Tenant relationship value | 72,813 |  |  | (45,114 | ) |  | 27,699 |
Above market leases acquired | 12,744 |  |  | (5,856 | ) |  | 6,888 |
Total | $ | 176,983 |  |  | $ | (106,468 | ) |  | $ | 70,515 |
Below market leases acquired | $ | 75,685 |  |  | $ | (40,579 | ) |  | $ | 35,106 |
| December 31, 2010
| Total Cost |  | Accumulated Amortization |  | Intangibles, net
In-place lease value | $ | 108,456 |  |  | $ | (63,010 | ) |  | $ | 45,446 |
Tenant relationship value | 95,385 |  |  | (52,113 | ) |  | 43,272 |
Above market leases acquired | 18,319 |  |  | (9,575 | ) |  | 8,744 |
Total | $ | 222,160 |  |  | $ | (124,698 | ) |  | $ | 97,462 |
Below market leases acquired | $ | 67,198 |  |  | $ | (37,965 | ) |  | $ | 29,233 |
For the years ended December 31, 2011, 2010, and 2009, the Company wrote off through the acceleration of amortization approximately $7.4 million, $1.5 million and $2.4 million, respectively, of intangible assets as a result of tenant move-outs prior to the end of the associated lease term. For the year ended December 31, 2011, the Company accelerated amortization of approximately $0.2 million of intangible liabilities as a result of tenant move-outs. For the year ended December 31, 2010, the Company accelerated amortization of a nominal amount of intangible liabilities as a result of tenant move-outs. For the year ended December 31, 2009, the Company accelerated amortization of approximately $0.4 million of intangible liabilities as a result of tenant move-outs. As of December 31, 2011, the Company’s annual amortization for its intangible assets/liabilities is as follows (in thousands, assumes no early terminations):
| Assets |  | Liabilities
2012 | $ | 20,457 |  |  | $ | 6,826 |
2013 | 12,457 |  |  | 6,312 |
2014 | 9,606 |  |  | 4,745 |
2015 | 7,207 |  |  | 2,597 |
2016 | 4,565 |  |  | 1,704 |
Thereafter | 16,223 |  |  | 12,922 |
Total | $ | 70,515 |  |  | $ | 35,106 |

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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 3 -URI http://asc.fasb.org/extlink&oid=6905858&loc=d3e16373-109275 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 142 -Paragraph 44, 45, 46 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 3: 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=6905858&loc=d3e16323-109275 Reference 4: 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=6905858&loc=d3e16265-109275 + Details
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