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Deferred Costs, Acquired Lease Intangibles and Goodwill
6 Months Ended
Jun. 30, 2019
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
Deferred Costs, Acquired Lease Intangibles and Goodwill Deferred Costs, Acquired Lease Intangibles and Goodwill
Deferred costs, net, consisted of the following as of June 30, 2019 and December 31, 2018 (amounts in thousands):  
 
June 30, 2019
 
December 31, 2018
Leasing costs
$
182,975

 
$
178,120

Acquired in-place lease value and deferred leasing costs
210,006

 
214,550

Acquired above-market leases
50,749

 
52,136

 
443,730

 
444,806

Less: accumulated amortization
(220,177
)
 
(209,839
)
Total deferred costs, net, excluding net deferred financing costs
$
223,553

 
$
234,967


At June 30, 2019 and December 31, 2018, $5.2 million and $6.3 million, respectively, of net deferred financing costs associated with the unsecured revolving credit facility was included in deferred costs, net on the condensed consolidated balance sheet.    
Amortization expense related to deferred leasing costs and acquired deferred leasing costs was $5.9 million and $5.9 million for the three months ended June 30, 2019 and 2018, respectively, and $12.1 million and $12.1 million for the six months ended June 30, 2019 and 2018, respectively. Amortization expense related to acquired lease intangibles was $2.6 million and $3.0 million for the three months ended June 30, 2019 and 2018, respectively, and $5.8 million and $6.4 million for the six months ended June 30, 2019 and 2018, respectively.
Amortizing acquired intangible assets and liabilities consisted of the following as of June 30, 2019 and December 31, 2018 (amounts in thousands):
 
June 30, 2019
 
December 31, 2018
Acquired below-market ground leases
$
396,916

 
$
396,916

Less: accumulated amortization
(40,434
)
 
(36,518
)
Acquired below-market ground leases, net
$
356,482

 
$
360,398


 
June 30, 2019
 
December 31, 2018
Acquired below-market leases
$
(114,408
)
 
$
(118,462
)
Less: accumulated amortization
68,757

 
66,012

Acquired below-market leases, net
$
(45,651
)
 
$
(52,450
)

Rental revenue related to the amortization of below-market leases, net of above-market leases, was $1.7 million and $1.5 million for the three months ended June 30, 2019 and 2018, respectively, and $4.1 million and $2.7 million for the six months ended June 30, 2019 and 2018, respectively.
As of June 30, 2019, we had goodwill of $491.5 million. Goodwill was allocated $227.5 million to the observatory reportable segment and $264.0 million to the real estate segment.