Real Estate Acquired (Tables)
 12 Months Ended
Dec. 31, 2013
Real Estate [Abstract]  
Allocation of Purchase Prices to Acquired Assets and Liabilities
The allocation of the purchase prices for Severna Park MarketPlace, Kentlands Square II, and Cranberry Square to the acquired assets and liabilities based on their fair values was as follows:
 
(In thousands)
Kentlands
Square II
 
Severna Park
MarketPlace
 
Cranberry
Square
 
Three Property
Total
Land
$
20,500

 
$
12,700

 
$
6,700

 
$
39,900

Buildings
51,973

 
50,554

 
24,878

 
127,405

In-Place Leases
2,697

 
2,433

 
1,499

 
6,629

Above Market Rents
6

 
4

 
18

 
28

Below Market Rents
(676
)
 
(4,691
)
 
(95
)
 
(5,462
)
Total Purchase Price
$
74,500

 
$
61,000

 
$
33,000

 
$
168,500
Amortization of Intangible Assets and Deferred Income Related to in Place Leases
As of December 31, 2013, scheduled amortization of intangible assets and deferred income related to in place leases is as follows:
(In thousands)
Lease acquisition costs
 
Above market leases
 
Below market leases
2014
$
1,066

 
$
21

 
$
1,458

2015
721

 
2

 
1,203

2016
566

 
3

 
1,095

2017
517

 
1

 
1,072

2018
480

 
1

 
1,044

Thereafter
1,926

 
—

 
8,893

Total
$
5,276

 
$
28

 
$
14,765