Intangible Assets and Liabilities (Tables)

6 Months Ended

Jun. 30, 2020

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
(Amounts in thousands)	June 30, 2020			December 31, 2019
Intangible assets:
Gross amount	$	438,402		$	466,099
Accumulated amortization		(259,158	)		(262,930	)
	$	179,244		$	203,169
Intangible liabilities:
Gross amount	$	163,977		$	174,670
Accumulated amortization		(98,208	)		(100,881	)
	$	65,769		$	73,789

	For the Three Months Ended				For the Six Months Ended
	June 30,				June 30,
(Amounts in thousands)	2020		2019		2020		2019
Amortization of above and below-market leases, net    (component of "rental revenue")	$	1,235	$	2,747	$	2,778	$	6,043
Amortization of acquired in-place leases    (component of "depreciation and amortization")		9,190		11,777		18,682		24,530

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, 2021.

(Amounts in thousands) For the Year Ending December 31,	Above and Below-Market Leases, Net		In-Place Leases
2021	$	3,647	$	26,420
2022		1,177		21,923
2023		4,604		17,856
2024		5,540		14,387
2025		4,179		10,480