Intangible Assets and Liabilities (Tables)

9 Months Ended

Sep. 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)	September 30, 2020			December 31, 2019
Intangible assets:
Gross amount	$	436,851		$	466,099
Accumulated amortization		(269,176	)		(262,930	)
	$	167,675		$	203,169
Intangible liabilities:
Gross amount	$	163,977		$	174,670
Accumulated amortization		(102,492	)		(100,881	)
	$	61,485		$	73,789

	For the Three Months Ended				For the Nine Months Ended
	September 30,				September 30,
(Amounts in thousands)	2020		2019		2020		2019
Amortization of above and below-market leases, net    (component of "rental revenue")	$	1,910	$	2,571	$	4,688	$	8,614
Amortization of acquired in-place leases    (component of "depreciation and amortization")		9,195		11,379		27,877		35,909

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	$	3,626	$	26,375
2022		1,156		21,878
2023		4,583		17,811
2024		5,523		14,342
2025		4,167		10,435