Intangibles

12 Months Ended

Dec. 31, 2018

Intangible Assets, Intangible Liabilities, And Goodwill Disclosure [Abstract]

Intangibles

NOTE 8—INTANGIBLES

The following is a summary of our intangibles as of December 31, 2018 and 2017:

	December 31, 2018				December 31, 2017
	Balance			Remaining Weighted Average Amortization Period in Years	Balance			Remaining Weighted Average Amortization Period in Years
	(Dollars in thousands)
Intangible assets:
Above market lease intangibles	$	181,393		6.7	$	185,012		7.0
In-place and other lease intangibles	1,321,562			24.7	1,363,062			24.0
Goodwill	1,050,548			N/A	1,034,644			N/A
Other intangibles	35,759			11.8	35,890			14.1
Accumulated amortization	(921,107		)	N/A	(864,576		)	N/A
Net intangible assets	$	1,668,155		22.9	$	1,754,032		22.1
Intangible liabilities:
Below market lease intangibles	$	356,771		14.4	$	359,118		13.7
Other lease intangibles	31,418			46.5	40,141			40.8
Accumulated amortization	(191,909		)	N/A	(160,985		)	N/A
Purchase option intangibles	3,568			N/A	3,568			N/A
Net intangible liabilities	$	199,848		17.2	$	241,842		15.6

N/A—Not Applicable 

Above market lease intangibles and in-place and other lease intangibles are included in acquired lease intangibles within real estate investments on our Consolidated Balance Sheets. Other intangibles (including non-compete agreements, trade names and trademarks) are included in other assets on our Consolidated Balance Sheets. Below market lease intangibles, other lease intangibles and purchase option intangibles are included in accounts payable and other liabilities on our Consolidated Balance Sheets. For the years ended December 31, 2018, 2017 and 2016, our net amortization related to these intangibles was $49.2 million, $67.2 million and $104.5 million, respectively. The following is a summary of the estimated net amortization related to these intangibles for each of the next five years:

	Estimated Net Amortization
	(In thousands)
2019	$	55,502
2020	44,192
2021	38,450
2022	30,092
2023	26,022

The table below reflects the carrying amount of goodwill, by segment, as of December 31, 2018:

	Goodwill
	(In thousands)
Triple-Net Leased Properties	$	321,168
Senior Living Operations	259,482
Office Operations	469,898
Total Goodwill	$	1,050,548