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Intangible Assets and Liabilities
 6 Months Ended
Jun. 30, 2020
Intangible Assets And Liabilities [Abstract]  
Intangible Assets and Liabilities Intangible Assets and Liabilities

In-place lease and above-market rent intangibles are included in In-place lease and other intangible assets in the condensed consolidated financial statements. Below-market rent intangibles are included in Accounts payable, accrued expenses and other liabilities in the condensed consolidated financial statements.

Goodwill is included in our Net Lease segment and included in Accounts receivable and other assets, net in the condensed consolidated financial statements. As a result of foreign currency translation adjustments, goodwill decreased from $26.0 million as of December 31, 2019 to $24.4 million as of June 30, 2020.

Intangible assets and liabilities are summarized as follows (in thousands):
 
 
 
June 30, 2020
 
December 31, 2019
 
Amortization Period (Years)
 
Gross Carrying Amount
 
Accumulated Amortization
 
Net Carrying Amount
 
Gross Carrying Amount
 
Accumulated Amortization
 
Net Carrying Amount
Finite-Lived Intangible Assets
 
 
 
 
 
 
 
 
 
 
 
 
 
In-place lease
6 – 23
 
$
235,791

 
$
(136,939
)
 
$
98,852

 
$
238,771

 
$
(131,012
)
 
$
107,759

Above-market rent
7 – 30
 
10,120

 
(4,451
)
 
5,669

 
10,257

 
(4,141
)
 
6,116

 
 
 
245,911

 
(141,390
)
 
104,521

 
249,028

 
(135,153
)
 
113,875

Indefinite-Lived Intangible Assets
 
 
 
 
 
 
 
 
 
 
 
 
 
Goodwill
 
 
24,407

 
—

 
24,407

 
26,024

 
—

 
26,024

Total intangible assets
 
 
$
270,318

 
$
(141,390
)
 
$
128,928

 
$
275,052

 
$
(135,153
)
 
$
139,899

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Finite-Lived Intangible Liabilities
 
 
 
 
 
 
 
 
 
 
 
 
 
Below-market rent
6 – 30
 
$
(14,964
)
 
$
7,189

 
$
(7,775
)
 
$
(14,974
)
 
$
6,627

 
$
(8,347
)
Total intangible liabilities
 
 
$
(14,964
)
 
$
7,189

 
$
(7,775
)
 
$
(14,974
)
 
$
6,627

 
$
(8,347
)


Net amortization of intangibles, including the effect of foreign currency translation, was $3.5 million and $5.9 million for the three months ended June 30, 2020 and 2019, respectively, and $7.0 million and $9.9 million for the six months ended June 30, 2020, respectively. Amortization of below-market rent and above-market rent intangibles is recorded as an adjustment to Rental income; and amortization of in-place lease intangibles is included in Depreciation and amortization on our condensed consolidated statements of operations.