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Intangible Assets (Tables) | 9 Months Ended
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Sep. 30, 2015
Goodwill and Intangible Assets Disclosure [Abstract] |
Summary of Intangible Assets and Liabilities | As of September 30, 2015 and December 31, 2014, the Company’s intangible assets/liabilities were comprised of the following (in thousands):
| September 30, 2015
| Total Cost |  | Accumulated Amortization |  | Intangible assets/liabilities, net
Intangible assets, net: |  |  |  |  |
In-place lease value | $ | 170,925 |  |  | $ | (52,638 | ) |  | $ | 118,287 |
Tenant relationship value | 23,772 |  |  | (18,608 | ) |  | 5,164 |
Above market leases acquired | 5,444 |  |  | (1,807 | ) |  | 3,637 |
Total intangible assets, net | $ | 200,141 |  |  | $ | (73,053 | ) |  | $ | 127,088 |
Acquired lease intangibles, net: |  |  |  |  |
Below market leases acquired | $ | 53,531 |  |  | $ | (24,990 | ) |  | $ | 28,541 |
| December 31, 2014
| Total Cost |  | Accumulated Amortization |  | Intangible assets/liabilities, net
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 intangible assets, net | $ | 169,224 |  |  | $ | (69,821 | ) |  | $ | 99,403 |
Acquired lease intangibles, net: |  |  |  |  |
Below market leases acquired | $ | 53,049 |  |  | $ | (27,039 | ) |  | $ | 26,010 |
Summary of Amortization for Intangible Assets and Liabilities | As of September 30, 2015, the Company’s annual amortization for its intangible assets/liabilities were as follows (in thousands, and assuming no prospective early lease terminations):
| Assets |  | Liabilities
2015 (three months remaining) | $ | 12,262 |  |  | $ | 2,669 |
2016 | 36,901 |  |  | 7,595 |
2017 | 20,080 |  |  | 3,461 |
2018 | 12,852 |  |  | 2,217 |
2019 | 11,553 |  |  | 1,885 |
Thereafter | 33,440 |  |  | 10,714 |
Total | $ | 127,088 |  |  | $ | 28,541 |

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- Definition Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance with a finite life, by either major class or business segment. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a) -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 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=26713463&loc=d3e16265-109275 + Details
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