Intangibles (Tables)

9 Months Ended

Sep. 30, 2024

Goodwill and Intangible Assets Disclosure [Abstract]

Summary of Identified Intangible Lease Assets

The gross carrying amount and accumulated amortization of the Company’s identified intangible lease assets consisted of the following:

		September 30, 2024						December 31, 2023
	Weighted Average Life (Years)	Intangible lease assets, gross		Accumulated Amortization		Intangible lease assets, net		Intangible lease assets, gross		Accumulated Amortization		Intangible lease assets, net
Intangible lease assets
In-place lease intangibles	14.6	$	108,051	$	(14,070)	$	93,981	$	94,600	$	(8,551)	$	86,049
Other lease intangibles	14.8	83,314		(4,885)		78,429		52,693		(2,212)		50,481
Total intangible lease assets	14.7	$	191,365	$	(18,955)	$	172,410	$	147,293	$	(10,763)	$	136,530

Summary of Estimated Future Amortization

The estimated future amortization on the Company’s intangible assets for each of the next five years and thereafter as of September 30, 2024 is as follows:

	In-Place Tenant Lease Intangible Assets		Other Lease Intangibles
2024 (remaining)	$	1,992	$	1,501
2025	7,968		6,006
2026	7,968		6,006
2027	7,968		6,006
2028	7,968		6,006
2029	7,968		6,006
Thereafter	52,149		46,898
Total	$	93,981	$	78,429