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Intangibles
3 Months Ended
Mar. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangibles Intangibles
The gross carrying amount and accumulated amortization of the Company’s intangible assets and liabilities consisted of the following ($ in thousands):
March 31, 2025
Gross Carrying Amount
Accumulated
Amortization
Total Intangible
Assets/Liabilities, net
Intangible assets
In-place lease intangibles$1,169,281 $(767,339)$401,942 
Indefinite life intangibles
94,082 — 94,082 
Above-market lease intangibles53,895 (35,589)18,306 
Other intangibles419,446 (153,961)265,485 
Total intangible assets
$1,736,704 $(956,889)$779,815 
Intangible liabilities
Below-market lease intangibles374,638 (208,900)165,738 
Total intangible liabilities
$374,638 $(208,900)$165,738 
December 31, 2024
Gross Carrying Amount
Accumulated
Amortization
Total Intangible
Assets/Liabilities, net
Intangible assets
In-place lease intangibles$1,187,182 (754,448)$432,734 
Indefinite life intangibles
94,082 — 94,082 
Above-market lease intangibles54,965 (35,086)19,879 
Other intangibles415,767 (135,562)280,205 
Total intangible assets$1,751,996 $(925,096)$826,900 
Intangible liabilities
Below-market lease intangibles386,679 (208,169)178,510 
Total intangible liabilities$386,679 $(208,169)$178,510 
The estimated future amortization on the Company’s intangibles for each of the next five years and thereafter as of March 31, 2025 is as follows ($ in thousands):
 In-place Lease
Intangibles
Above-market
Lease Intangibles
Other IntangiblesBelow-market
Lease Intangibles
2025 (remaining)
$79,879 $3,868 $22,140 $(30,389)
202687,035 4,189 28,190 (33,924)
202764,420 2,955 26,340 (23,840)
202850,545 2,214 24,888 (18,583)
202937,842 1,721 22,817 (14,373)
203026,149 1,274 20,675 (10,694)
Thereafter56,072 2,085 120,435 (33,935)
Total
$401,942 $18,306 $265,485 $(165,738)