Intangible Assets and Liabilities (Tables)

12 Months Ended

Dec. 31, 2024

Goodwill and Intangible Assets Disclosure [Abstract]

Summary of Intangible Assets and Liabilities

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 December 31,
(Amounts in thousands)	2024			2023
Intangible assets:
Gross amount	$	197,625		$	262,541
Accumulated amortization		(147,133	)		(194,536	)
	$	50,492		$	68,005
Intangible liabilities:
Gross amount	$	114,618		$	136,820
Accumulated amortization		(93,748	)		(108,817	)
	$	20,870		$	28,003

	For the Year Ended December 31,
(Amounts in thousands)	2024		2023		2022
Amortization of above and below-market leases, net    (component of "rental revenue")	$	5,825	$	5,376	$	1,748
Amortization of acquired in-place leases    (component of "depreciation and amortization")	$	15,355	$	19,563	$	21,645

Schedule of Estimated Annual Amortization of Acquired Below-Market Leases, Net of Acquired Above-Market Leases and In Place Leases

The following table sets forth annual amortization of acquired above and below-market leases, net and amortization of acquired in-place leases for each of the five succeeding years commencing from January 1, 2025.

(Amounts in thousands) For the Year Ending December 31,	Above and Below- Market Leases, Net		In-Place Leases
2025	$	4,328	$	10,034
2026		2,947		7,137
2027		2,635		6,493
2028		2,554		6,414
2029		2,117		5,756