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Significant Accounting Policies (Tables)

12 Months Ended

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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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
-URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e9031-108599

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-Name Accounting Standards Codification
-Topic 350
-SubTopic 30
-Section 50
-Paragraph 2
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-URI http://asc.fasb.org/extlink&oid=26713463&loc=d3e16323-109275

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