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Significant Accounting Policies (Tables) | 12 Months Ended
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Dec. 31, 2017
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, |
2018 |  | $ | 27,214 |
2019 |  |  | 18,644 |
2020 |  |  | 12,721 |
2021 |  |  | 9,022 |
2022 |  |  | 5,427 |
2023 and thereafter |  |  | 13,492 |
Schedule of estimated annual amortization for unfavorable leases |
(in thousands) |  | December 31, |
2018 |  | $ | 2,039 |
2019 |  |  | 1,319 |
2020 |  |  | 950 |
2021 |  |  | 620 |
2022 |  |  | 346 |
2023 and thereafter |  |  | 532 |
Schedule of estimated annual amortization for deferred leasing commissions |
(in thousands) |  | December 31, |
2018 |  | $ | 7,655 |
2019 |  |  | 7,027 |
2020 |  |  | 6,148 |
2021 |  |  | 5,379 |
2022 |  |  | 4,112 |
2023 and thereafter |  |  | 10,358 |
Summary of rental revenue |
|  | Year Ended |
|  | December 31, |
(in thousands) |  | 2017 |  | 2016 |  | 2015 |
Income from leases |  | $ | 205,690 |  | $ | 192,055 |  | $ | 185,738 |
Reimbursable expenses |  |  | 58,777 |  |  | 49,821 |  |  | 49,512 |
Straight-line rent adjustment |  |  | 1,767 |  |  | 1,977 |  |  | 2,448 |
Amortization of favorable and unfavorable leases |  |  | 1,031 |  |  | 496 |  |  | 158 |
|  | $ | 267,265 |  | $ | 244,349 |  | $ | 237,856 |

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