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Intangible Assets and Below Market Lease Liabilities (Tables)
12 Months Ended
Dec. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Total Intangible Assets and Below Market Lease Liabilities
The following table sets forth total intangible assets and acquisition-related below market lease liabilities, net of accumulated amortization:
December 31,
20242023
Assets:
Deferred leasing costs (including lease incentives and above market lease and in-place lease acquisition-related intangible assets)
$380,279 $401,621 
Less accumulated amortization(170,312)(175,697)
$209,967 $225,924 
Liabilities (in accounts payable, accrued expenses and other liabilities):
Acquisition-related below market lease liabilities$37,482 $50,842 
Less accumulated amortization(21,296)(30,416)
$16,186 $20,426 
Amortization of Intangible Assets and Below Market Lease Liabilities
The following table sets forth amortization of intangible assets and below market lease liabilities:

Year Ended December 31,
202420232022
Amortization of deferred leasing costs and acquisition-related intangible assets (in depreciation and amortization)
$40,301 $43,511 $44,900 
Amortization of lease incentives (in rental and other revenues)$2,577 $2,816 $2,090 
Amortization of acquisition-related intangible assets (in rental and other revenues)
$3,076 $3,338 $3,320 
Amortization of acquisition-related below market lease liabilities (in rental and other revenues)
$(4,240)$(5,019)$(5,452)
Scheduled Future Amortization of Intangible Assets and Below Market Lease Liabilities
The following table sets forth scheduled future amortization of intangible assets and below market lease liabilities:

Years Ending December 31,Amortization
of Deferred Leasing Costs and Acquisition-Related Intangible Assets (in Depreciation and Amortization)
Amortization
of Lease Incentives (in Rental and Other Revenues)
Amortization
of Acquisition-Related Intangible Assets (in Rental and Other Revenues)
Amortization
of Acquisition-Related Below Market Lease Liabilities (in Rental and Other Revenues)
2025$34,976 $2,255 $2,191 $(2,725)
202630,700 2,061 1,868 (2,431)
202727,015 1,835 1,521 (2,062)
202823,090 1,633 1,404 (1,649)
202920,358 1,346 1,291 (1,377)
Thereafter49,172 4,354 2,897 (5,942)
$185,311 $13,484 $11,172 $(16,186)
Weighted average remaining amortization periods as of December 31, 2024 (in years)7.28.06.88.0