XML 21 R9.htm IDEA: XBRL DOCUMENT
v3.23.1

Real Estate Intangibles | 3 Months Ended
--- | ---
Mar. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract] |
Real Estate Intangibles | Real Estate Intangibles 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):
|  | March 31, 2023 |  | December 31, 2022
Assets: |  |  |  |
In place lease intangibles |  | $ | 1,846,945 |  |  | $ | 1,817,580 |
Above market tenant leases |  | 66,354 |  |  | 57,203 |
Lease commissions |  | 77,531 |  |  | 70,675 |
Gross historical cost |  | 1,990,830 |  |  | 1,945,458 |
Accumulated amortization |  | (1,543,457) |  |  | (1,484,048) |
Net book value |  | $ | 447,373 |  |  | $ | 461,410 |
Liabilities: |  |  |  |
Below market tenant leases |  | $ | 82,084 |  |  | $ | 77,985 |
Accumulated amortization |  | (54,872) |  |  | (52,701) |
Net book value |  | $ | 27,212 |  |  | $ | 25,284 |
The following is a summary of real estate intangible amortization income (expense) for the periods presented (in thousands):
|  |  |  | Three Months Ended March 31,
|  |  |  |  |  | 2023 |  | 2022
Rental income related to (above)/below market tenant leases, net |  |  |  |  |  | $ | 45 |  |  | $ | 385 |
Amortization related to in place lease intangibles and lease commissions |  |  |  |  |  | (56,151) |  |  | (47,994) |

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for all or part of the information related to intangible assets. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -URI https://asc.fasb.org/subtopic&trid=2144471 + Details
Name: | us-gaap_IntangibleAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration