Intangible Assets and Liabilities

6 Months Ended

Jun. 30, 2023

Goodwill And Intangible Assets Disclosure [Abstract]

The following tables summarize our intangible assets (acquired above-market leases and acquired in-place leases) and intangible liabilities (acquired below-market leases) and the related amortization as of the dates thereof and for the periods set forth below.


	As of
(Amounts in thousands)	June 30, 2023			December 31, 2022
Intangible assets:
Gross amount	$	268,681		$	337,104
Accumulated amortization		(189,123	)		(246,723	)
	$	79,558		$	90,381
Intangible liabilities:
Gross amount	$	138,353		$	138,726
Accumulated amortization		(106,393	)		(102,533	)
	$	31,960		$	36,193


	For the Three Months Ended June 30,				For the Six Months Ended June 30,
(Amounts in thousands)	2023		2022		2023		2022
Amortization of above and below-market leases, net (component of "rental revenue")	$	1,448	$	315	$	2,484	$	673
Amortization of acquired in-place leases (component of "depreciation and amortization")		4,262		5,412		9,071		10,943

The following table sets forth amortization of acquired above and below-market leases, net and amortization of acquired in-place leases for the six-month period from July 1, 2023 through December 31, 2023, and each of the five succeeding years commencing from January 1, 2024.


(Amounts in thousands)	Above and Below-Market Leases, Net		In-Place Leases
2023	$	2,893	$	8,499
2024		5,862		14,340
2025		4,541		10,504
2026		2,711		7,895
2027		2,398		7,251
2028		2,317		6,979