Intangibles

12 Months Ended

Dec. 31, 2021

Goodwill And Intangible Assets Disclosure [Abstract]

Intangibles

4. Intangibles

The gross carrying amount and accumulated amortization of the Company’s intangible assets and liabilities consisted of the following ($ in thousands):

	December 31, 2021			December 31, 2020
Intangible assets: (1)
In-place lease intangibles	$	448,447		$	194,003
Above-market lease intangibles		36,696			22,132
Other		43,653			31,019
Total intangible assets		528,796			247,154
Accumulated amortization:
In-place lease amortization		(144,663	)		(60,142	)
Above-market lease amortization		(7,718	)		(3,506	)
Other		(7,300	)		(3,650	)
Total accumulated amortization		(159,681	)		(67,298	)
Intangible assets, net	$	369,115		$	179,856
Intangible liabilities: (2)
Below-market lease intangibles	$	65,143		$	36,190
Total intangible liabilities		65,143			36,190
Accumulated amortization:
Below-market lease amortization		(9,523	)		(3,534	)
Total accumulated amortization		(9,523	)		(3,534	)
Intangible liabilities, net	$	55,620		$	32,656

⁽¹⁾ Included in Other assets on the Company’s Consolidated Balance Sheets.

⁽²⁾ Included in Other liabilities on the Company’s Consolidated Balance Sheets.

The estimated future amortization on the Company’s intangibles for each of the next five years and thereafter as of December 31, 2021 is as follows ($ in thousands):

	In-place Lease Intangibles		Above-market Lease Intangibles		Other		Below-market Lease Intangibles
2022	$	130,518	$	5,496	$	5,698	$	(8,445	)
2023		42,503		4,996		5,613		(7,873	)
2024		29,420		3,832		5,599		(6,180	)
2025		22,511		3,191		5,192		(4,816	)
2026		15,405		2,661		2,507		(4,645	)
Thereafter		63,427		8,802		11,744		(23,661	)
	$	303,784	$	28,978	$	36,353	$	(55,620	)