XML 41 R30.htm IDEA: XBRL DOCUMENT v3.22.2.2
INTANGIBLE ASSETS AND LIABILITIES, NET (Tables)
 9 Months Ended
Sep. 30, 2022
Intangible Assets and Liabilities Disclosure [Abstract]  
Schedule of Finite-Lived Intangible Assets and Liabilities Intangible assets and liabilities, net are summarized as follows:
September 30, 2022December 31, 2021
Intangible assets
Acquired favorable lease intangibles$59,789 $67,013 
Less: Accumulated amortization(30,373)(36,051)
Total intangible assets, net$29,416 $30,962 
Intangible liabilities
Acquired unfavorable lease intangibles$13,114 $14,795 
Less: Accumulated amortization(2,216)(6,068)
Acquired unfavorable lease intangibles, net$10,898 $8,727 
Schedule of Intangible Assets and Liabilities Amortization of intangible assets and liabilities is as follows:
Classification in Consolidated Statements of OperationsThree Months Ended September 30,Nine Months Ended September 30,
2022202120222021
Lease intangiblesRevenues$3,291 $1,266 $10,259 $3,216 
Schedule of Net Annual Amortization of Intangibles
As of September 30, 2022, estimated net annual amortization of intangible assets and liabilities is as follows:
Remainder of 2022$3,323 
20238,398 
20244,848 
20251,962 
2026519 
Thereafter(532)
Total$18,518