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Intangibles (Tables)
6 Months Ended
Jun. 30, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Gross Carrying Amount and Accumulated Amortization of Intangible Assets and Liabilities
The following tables detail the gross carrying amount and accumulated amortization of the Company’s intangible assets and liabilities ($ in thousands):
June 30, 2025
Gross Carrying Amount
Accumulated
Amortization
Total Intangible
Assets/Liabilities, net
Intangible assets
In-place lease intangibles$1,145,480 $(766,493)$378,987 
Indefinite life intangibles
94,082 — 94,082 
Above-market lease intangibles53,196 (36,267)16,929 
Other intangibles421,457 (160,615)260,842 
Total intangible assets
$1,714,215 $(963,375)$750,840 
Intangible liabilities
Below-market lease intangibles366,576 (211,661)154,915 
Total intangible liabilities
$366,576 $(211,661)$154,915 
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)$178,510 
Schedule of Estimated Future Amortization
The estimated future amortization on the Company’s intangibles for each of the next five years and thereafter as of June 30, 2025 is as follows ($ in thousands):
 In-place Lease
Intangibles
Above-market
Lease Intangibles
Other IntangiblesBelow-market
Lease Intangibles
2025 (remaining)
$52,703 $2,499 $14,669 $(19,468)
202686,975 4,129 28,181 (33,748)
202764,897 2,959 26,604 (23,903)
202851,064 2,225 25,233 (18,643)
202938,450 1,736 23,091 (14,459)
203026,722 1,286 21,043 (10,736)
Thereafter58,176 2,095 122,021 (33,958)
Total
$378,987 $16,929 $260,842 $(154,915)