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Identified Intangible Assets and Liabilities
 6 Months Ended
Jun. 30, 2024
Intangible Assets, Net (Excluding Goodwill) [Abstract]  
Identified Intangible Assets and Liabilities Identified Intangible Assets and Liabilities
The following summarizes our identified intangible assets (primarily in-place and above-market leases) and liabilities (primarily below-market leases).
(Amounts in thousands)Balance as of
June 30, 2024December 31, 2023
Identified intangible assets:
Gross amount$199,963 $225,671 
Accumulated amortization(77,549)(98,589)
Total, net$122,414 $127,082 
Identified intangible liabilities (included in deferred revenue):
Gross amount$151,016 $206,771 
Accumulated amortization(125,404)(178,282)
Total, net$25,612 $28,489 
Amortization of acquired below-market leases, net of acquired above-market leases, resulted in an increase to rental revenues of $1,217,000 and $1,360,000 for the three months ended June 30, 2024 and 2023, respectively, and $1,910,000 and $2,727,000 for the six months ended June 30, 2024 and 2023, respectively.
Amortization of all other identified intangible assets (a component of depreciation and amortization expense) was $1,989,000 and $1,985,000 for the three months ended June 30, 2024 and 2023, respectively, and $3,700,000 and $3,972,000 for the six months ended June 30, 2024 and 2023, respectively.