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Intangible Assets and Below Market Lease Liabilities (Tables)
 12 Months Ended
Dec. 31, 2025
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,
20252024
Assets:
Deferred leasing costs (including lease incentives and above market lease and in-place lease acquisition-related intangible assets)
$414,230 $380,279 
Less accumulated amortization(169,972)(170,312)
$244,258 $209,967 
Liabilities (in accounts payable, accrued expenses and other liabilities):
Acquisition-related below market lease liabilities$32,628 $37,482 
Less accumulated amortization(17,102)(21,296)
$15,526 $16,186 
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,
202520242023
Amortization of deferred leasing costs and acquisition-related intangible assets (in depreciation and amortization)
$37,052 $40,301 $43,511 
Amortization of lease incentives (in rental and other revenues)$2,851 $2,577 $2,816 
Amortization of acquisition-related above market lease intangible assets (in rental and other revenues)$2,470 $3,076 $3,338 
Amortization of acquisition-related below market lease liabilities (in rental and other revenues)
$(2,757)$(4,240)$(5,019)
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 Above Market Lease Intangible Assets (in Rental and Other Revenues)		Amortization
of Acquisition-Related Below Market Lease Liabilities (in Rental and Other Revenues)
2026$38,640 $2,655 $2,447 $(2,607)
202734,194 2,439 1,971 (2,238)
202830,050 2,238 1,814 (1,825)
202927,060 1,947 1,682 (1,554)
203023,864 1,635 1,417 (1,550)
Thereafter61,433 4,736 4,036 (5,752)
$215,241 $15,650 $13,367 $(15,526)
Weighted average remaining amortization periods as of December 31, 2025 (in years)7.57.67.58.1
Total Intangible Assets and Below Market Lease Liabilities from Acquisition Activity
The following table sets forth the intangible assets acquired as a result of the acquisitions of Advance Auto Parts Tower in Raleigh, the Legacy Union parking garage in Charlotte and 6HUNDRED in Charlotte in 2025:

Acquisition-Related Above Market Lease Intangible Assets (amortized in Rental and Other Revenues)Acquisition-Related Intangible Assets (amortized in Depreciation and Amortization)Acquisition-Related Below Market Lease Liabilities (amortized in Rental and Other Revenues)
Amount recorded at acquisition$4,665 $39,867 $(2,096)
Weighted average remaining amortization periods as of December 31, 2025 (in years)10.310.212.2