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Significant Accounting Policies (Tables) | 12 Months Ended
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Dec. 31, 2015
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 |
(in thousands) |  | December 31, |
2016 |  | $ | 32,302 |
2017 |  |  | 25,233 |
2018 |  |  | 19,624 |
2019 |  |  | 12,887 |
2020 |  |  | 7,659 |
2021 and thereafter |  |  | 10,341 |
Schedule of estimated annual amortization for unfavorable leases |
(in thousands) |  | December 31, |
2016 |  | $ | 2,781 |
2017 |  |  | 2,063 |
2018 |  |  | 1,518 |
2019 |  |  | 959 |
2020 |  |  | 742 |
2021 and thereafter |  |  | 1,362 |
Schedule of estimated annual amortization for deferred leasing commissions |
(in thousands) |  | December 31, |
2016 |  | $ | 6,105 |
2017 |  |  | 5,372 |
2018 |  |  | 4,481 |
2019 |  |  | 3,810 |
2020 |  |  | 3,072 |
2021 and thereafter |  |  | 6,159 |
Summary of rental revenue |
|  | Year Ended |
|  | December 31, |
(in thousands) |  | 2015 |  | 2014 |  | 2013 |
Income from leases |  | $ | 185,738 |  | $ | 189,508 |  | $ | 159,472 |
Reimbursable expenses |  |  | 49,512 |  |  | 49,731 |  |  | 41,486 |
Straight-line rent adjustment |  |  | 2,448 |  |  | 4,737 |  |  | 5,755 |
Amortization of favorable and unfavorable leases |  |  | 158 |  |  | (635) |  |  | 213 |
|  | $ | 237,856 |  | $ | 243,341 |  | $ | 206,926 |

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