INTANGIBLES (Tables)

9 Months Ended

Sep. 30, 2025

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

Schedule of Intangibles

The following is a summary of our intangibles (dollars in thousands):

	As of September 30, 2025			As of December 31, 2024
	Balance		Weighted Average Remaining Amortization Period in Years	Balance		Weighted Average Remaining Amortization Period in Years
Intangible assets:
Above-market lease intangibles (1)	$	120,684	4.1	$	124,515	4.3
In-place lease and other real estate intangibles (2)	1,540,837		6.5	1,434,236		8.4
Acquired lease intangibles	1,661,521			1,558,751
Goodwill	1,046,039		n/a	1,044,915		n/a
Other intangibles (2)	41,239		47.4	41,190		24.4
Accumulated amortization	(1,324,759)		n/a	(1,286,374)		n/a
Net intangible assets	$	1,424,040	7.6	$	1,358,482	8.8
Intangible liabilities:
Below-market lease intangibles (1)	$	252,684	13.0	$	269,572	7.0
Other lease intangibles	13,498		n/a	13,498		n/a
Accumulated amortization	(201,896)		n/a	(211,441)		n/a
Purchase option intangibles	3,568		n/a	3,568		n/a
Net intangible liabilities	$	67,854	13.0	$	75,197	7.0

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(1)     Amortization of above- and below-market lease intangibles is recorded as a decrease and an increase to revenues, respectively, in our Consolidated Statements of Income.

(2)     Amortization of intangibles is recorded in Depreciation and amortization in our Consolidated Statements of Income.

n/a—not applicable