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Real Estate Intangibles (Tables)
6 Months Ended
Jun. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
Summary of Real Estate Intangibles Excluding Those Related to Ground Lease or Classified as Held For Sale
The following is a summary of our real estate intangibles, excluding those related to ground leases or classified as held for sale, as of the dates indicated (dollars in thousands):
 June 30, 2022December 31, 2021
Assets:
In place lease intangibles$1,786,965 $1,681,533 
Above market tenant leases55,198 53,964 
Lease commissions59,978 54,131 
Gross historical cost1,902,141 1,789,628 
Accumulated amortization(1,375,588)(1,286,259)
Net book value$526,553 $503,369 
Weighted-average amortization period in years6.95.5
Liabilities:
Below market tenant leases$75,960 $74,909 
Accumulated amortization(48,683)(45,291)
Net book value$27,277 $29,618 
Weighted-average amortization period in years8.48.2
Summary of Real Estate Intangible Amortization
The following is a summary of real estate intangible amortization income (expense) for the periods presented (in thousands):
Three Months Ended June 30,Six Months Ended June 30,
2022202120222021
Rental income related to (above)/below market tenant leases, net$351 $432 $736 $857 
Amortization related to in place lease intangibles and lease commissions(50,194)(20,432)(98,188)(43,211)
Schedule of Future Estimated Aggregate Amortization of Intangible Assets and Liabilities
The future estimated aggregate amortization of intangible assets and liabilities is as follows for the periods presented (in thousands):
 AssetsLiabilities
2022$106,003 $3,728 
2023145,427 5,485 
202474,517 3,321 
202526,749 2,770 
202627,838 2,249 
Thereafter146,019 9,724 
Total$526,553 $27,277