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Intangible Assets | 12 Months Ended
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Dec. 31, 2014
Goodwill and Intangible Assets Disclosure [Abstract] |
INTANGIBLE ASSETS | INTANGIBLE ASSETS As of December 31, 2014 and 2013, the Company’s intangible assets were comprised of the following (in thousands):
| December 31, 2014
| Total Cost |  | Accumulated Amortization |  | Intangible Assets, net
In-place lease value | $ | 129,411 |  |  | $ | (42,068 | ) |  | $ | 87,343 |
Tenant relationship value | 34,172 |  |  | (26,344 | ) |  | 7,828 |
Above market leases acquired | 5,641 |  |  | (1,409 | ) |  | 4,232 |
Total | $ | 169,224 |  |  | $ | (69,821 | ) |  | $ | 99,403 |
Below market leases acquired | $ | 53,049 |  |  | $ | (27,039 | ) |  | $ | 26,010 |
| December 31, 2013
| Total Cost |  | Accumulated Amortization |  | Intangible Assets, net
In-place lease value | $ | 150,782 |  |  | $ | (35,607 | ) |  | $ | 115,175 |
Tenant relationship value | 38,692 |  |  | (26,868 | ) |  | 11,824 |
Above market leases acquired | 6,673 |  |  | (1,343 | ) |  | 5,330 |
Total | $ | 196,147 |  |  | $ | (63,818 | ) |  | $ | 132,329 |
Below market leases acquired | $ | 81,991 |  |  | $ | (47,547 | ) |  | $ | 34,444 |
For the years ended December 31, 2014, 2013, and 2012, the Company wrote-off through the acceleration of amortization approximately $0.8 million, $1.6 million and $1.4 million, respectively, of intangible assets as a result of tenant move-outs prior to the end of the associated lease term. For the years ended December 31, 2014, December 31, 2013, and December 31, 2012 the Company accelerated amortization of a nominal amount of intangible liabilities as a result of tenant move-outs. As of December 31, 2014, the Company’s annual amortization for its intangible assets/liabilities was as follows (in thousands, and assuming no early lease terminations):
| Assets |  | Liabilities
2015 | $ | 21,363 |  |  | $ | 5,212 |
2016 | 16,898 |  |  | 3,253 |
2017 | 15,148 |  |  | 2,664 |
2018 | 11,399 |  |  | 2,241 |
2019 | 10,086 |  |  | 1,909 |
Thereafter | 24,509 |  |  | 10,731 |
Total | $ | 99,403 |  |  | $ | 26,010 |

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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 2 -URI http://asc.fasb.org/extlink&oid=26713463&loc=d3e16323-109275 Reference 2: 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=26713463&loc=d3e16265-109275 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=26713463&loc=d3e16373-109275 + Details
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