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Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2016

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,
2017		$	36,139
2018			29,007
2019			21,006
2020			13,631
2021			8,962
2022 and thereafter			16,834

Schedule of estimated annual amortization for unfavorable leases

(in thousands)		December 31,
2017		$	2,523
2018			2,134
2019			1,459
2020			1,087
2021			756
2022 and thereafter			967

Schedule of estimated annual amortization for deferred leasing commissions

(in thousands)		December 31,
2017		$	6,605
2018			6,136
2019			5,232
2020			4,571
2021			3,928
2022 and thereafter			8,232

Summary of rental revenue

		Year Ended
		December 31,
(in thousands)		2016			2015			2014
Income from leases		$	192,055		$	185,738		$	189,508
Reimbursable expenses			49,821			49,512			49,731
Straight-line rent adjustment			1,977			2,448			4,737
Amortization of favorable and unfavorable leases			496			158			(635)
		$	244,349		$	237,856		$	243,341

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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=68060357&loc=d3e9031-108599

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 30
-Section 50
-Paragraph 2
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-URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275

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