XML 44 R33.htm IDEA: XBRL DOCUMENT v3.22.1
Intangibles (Tables)
3 Months Ended
Mar. 31, 2022
Intangibles [Abstract]  
Schedule of Intangible Lease Assets
Intangible assets primarily consist of lease-up intangibles and above market tenant lease intangibles. The following table summarizes the Company’s intangible lease assets (dollars in thousands):
Intangible lease assetsMarch 31,
2022
December 31,
2021
Gross intangible lease assets$802,078 $797,675 
Accumulated depreciation and amortization(304,974)(277,915)
Intangible assets, net$497,104 $519,760 
Weighted average remaining amortization period in years66
Schedule of Intangible Lease Liabilities
Intangible liabilities consist of below market lease intangibles. The following table summarizes the Company’s intangible lease liabilities (dollars in thousands):
Intangible lease liabilitiesMarch 31,
2022
December 31,
2021
Gross intangible lease liabilities$239,677 $234,917 
Accumulated depreciation and amortization(64,322)(57,685)
Intangible liabilities, net$175,355 $177,232 
Weighted average remaining amortization period in years88