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Intangibles
 12 Months Ended
Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangibles Intangibles
The gross carrying amount and accumulated amortization of the Company’s identified intangible lease assets consisted of the following:
December 31, 2023December 31, 2022
Weighted Average Life (Years)Intangible lease assets, grossAccumulated AmortizationIntangible lease assets, netIntangible lease assets, grossAccumulated AmortizationIntangible lease assets, net
Intangible lease assets:
In-place lease intangibles13.7$94,600 $(8,551)$86,049 $93,121 $(1,553)$91,568 
Other lease intangibles (1)
17.952,693 (2,212)50,481 18,556 (303)18,253 
Total intangible lease assets15.2$147,293 $(10,763)$136,530 $111,677 $(1,856)$109,821 
(1)The increase in Other lease intangibles relates to tenant inducements of $33,275 provided in conjunction with new leases signed during the period, as well as amounts due to tenants under existing lease agreements for properties previously under development.
Amortization expense related to the intangible lease assets for the year ended December 31, 2023 was $8,760, of which $8,350 and $410 is included in Depreciation and amortization and Rental revenue, respectively within the Consolidated Statements of Operations. The amount included in rental revenue is related to tenant inducements and is a reduction to revenue. Amortization expenses related to the intangible lease assets for the period from Inception through December 2022 was $1,856 and is included in Depreciation and amortization within the Consolidated Statements of Operations.
The estimated future amortization on the Company’s intangible assets for each of the next five years and thereafter as of December 31, 2023 is as follows:
In-Place Tenant Lease
Intangible Assets		Other Lease Intangibles
2024$7,186 $3,086 
20257,186 3,086 
20267,186 3,086 
20277,186 3,086 
20287,186 3,086 
Thereafter50,119 35,051 
Total$86,049 $50,481 
As of December 31, 2023 and 2022, the gross carrying amount of the Company’s below market lease intangibles was $3,085 and $1,657, with accumulated amortization of $222 and $35, respectively. The below market lease intangibles, net of accumulated amortization, are included in Other liabilities within our Consolidated Balance Sheet.