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Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2014

Significant Accounting Policies

Schedule of estimated useful lives of real estate assets

Category		Years
Commercial buildings		39
Building improvements		15-39
Fixtures and equipment		3-7

Schedule of estimated annual amortization expense for succeeding five years for acquired in-place lease and above-market leases

		Year Ended
(in thousands)		December 31,
2015		$	36,715
2016		30,154
2017		23,907
2018		18,752
2019		12,628
2020 and thereafter		16,558

Schedule of estimated annual amortization for unfavorable leases

(in thousands)
2015		$	2,947
2016		2,386
2017		1,816
2018		1,397
2019		854
2020 and thereafter		1,507

Schedule of estimated annual amortization for deferred leasing commissions

(in thousands)
2015		$	5,401
2016		4,959
2017		4,044
2018		3,603
2019		2,959
2020 and thereafter		6,215

Summary of rental revenue

		Year Ended
		December 31,
(in thousands)		2014			2013			2012
Income from leases		$	189,508		$	159,472		$	116,494
Reimbursable expenses		49,731			41,486			29,847
Straight-line rent adjustment		4,737			5,755			4,366
Amortization of favorable and unfavorable leases		(635		)	213			(273		)
		$	243,341		$	206,926		$	150,434

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Tabular disclosure of the estimated aggregate amortization for deferred leasing commissions for each of the five succeeding fiscal years.

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Tabular disclosure of the amount of amortization income expected to be recorded in succeeding fiscal years for leases acquired as part of a real property acquisition at below market lease rate with a finite life.

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- Definition

Tabular disclosure of entity-wide revenues from external customers for each product or service or each group of similar products or services if the information is not provided as part of the reportable operating segment information.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 280

-SubTopic 10

-Section 50

-Paragraph 40

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-Publisher FASB

-Name Accounting Standards Codification

-Topic 350

-SubTopic 30

-Section 50

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