XML 55 R37.htm IDEA: XBRL DOCUMENT v3.25.1
Intangibles (Tables)
 3 Months Ended
Mar. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Gross Carrying Amount and Accumulated Amortization of Intangible Assets and Liabilities
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)$178,510 
Schedule of Estimated Future Amortization
The estimated future amortization on the Company’s intangibles for each of the next five years and thereafter as of March 31, 2025 is as follows ($ 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)