Goodwill and Other Intangibles (Tables)

9 Months Ended

Sep. 30, 2020

Goodwill And Intangible Assets Liabilities Disclosure [Abstract]

Schedule of reconciliation goodwill

The following table presents a reconciliation of our goodwill (in thousands):

	Real Estate		Investment Management		Total
Balance at December 31, 2019	$	871,081	$	63,607	$	934,688
Foreign currency translation adjustments	3,660		—		3,660
Allocation of goodwill based on portion of Investment Management business sold (Note 3)	—		(34,273)		(34,273)
Balance at September 30, 2020	$	874,741	$	29,334	$	904,075

Schedule of intangible assets And goodwill

Intangible assets, intangible liabilities, and goodwill are summarized as follows (in thousands):

	September 30, 2020						December 31, 2019
	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
Finite-Lived Intangible Assets
Internal-use software development costs	$	19,032	$	(14,955)	$	4,077	$	19,582	$	(13,491)	$	6,091
Trade name	3,975		(2,587)		1,388		3,975		(1,991)		1,984
	23,007		(17,542)		5,465		23,557		(15,482)		8,075
Lease Intangibles:
In-place lease	2,127,810		(796,959)		1,330,851		2,072,642		(676,008)		1,396,634
Above-market rent	900,503		(435,340)		465,163		909,139		(398,294)		510,845
	3,028,313		(1,232,299)		1,796,014		2,981,781		(1,074,302)		1,907,479
Indefinite-Lived Goodwill
Goodwill	904,075		—		904,075		934,688		—		934,688
Total intangible assets	$	3,955,395	$	(1,249,841)	$	2,705,554	$	3,940,026	$	(1,089,784)	$	2,850,242
Finite-Lived Intangible Liabilities
Below-market rent	$	(265,251)	$	89,516	$	(175,735)	$	(268,515)	$	74,484	$	(194,031)
Indefinite-Lived Intangible Liabilities
Below-market purchase option	(16,710)		—		(16,710)		(16,711)		—		(16,711)
Total intangible liabilities	$	(281,961)	$	89,516	$	(192,445)	$	(285,226)	$	74,484	$	(210,742)