Acquired Lease Intangibles (Tables)

12 Months Ended

Dec. 31, 2021

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Intangible Assets and Liabilities

Intangible assets and liabilities as of December 31, 2021 and December 31, 2020 consisted of the following (in thousands):

	December 31,
	2021		2020
Assets:
In-place leases	$	67,644	$	69,178
Accumulated amortization	(27,764)		(30,061)
Above-market leases	21,632		21,851
Accumulated amortization	(11,373)		(10,858)
Acquired lease intangible assets, net	$	50,139	$	50,110
Liabilities:
Below-market leases	$	188,607	$	178,009
Accumulated amortization	(51,999)		(52,213)
Acquired lease intangible liabilities, net	$	136,608	$	125,796

Schedule of Future Amortization of Acquired Lease Intangible Assets

The scheduled future amortization of acquired lease intangible assets as of December 31, 2021 is as follows (in thousands):

Year Ending December 31:
2022	$	6,370
2023	5,690
2024	5,019
2025	4,384
2026	3,502
Thereafter	25,174
Total future amortization of acquired lease intangible assets	$	50,139

Schedule of Future Amortization of Acquired Lease Intangible Liabilities

The scheduled future amortization of acquired lease intangible liabilities as of December 31, 2021 is as follows (in thousands):

Year Ending December 31:
2022	$	10,624
2023	9,767
2024	9,557
2025	9,199
2026	8,887
Thereafter	88,574
Total future amortization of acquired lease intangible liabilities	$	136,608