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Summary of Significant Accounting Policies and Recent Accounting Pronouncements (Tables)

9 Months Ended

Sep. 30, 2021

Accounting Policies [Abstract]

Expected useful lives of depreciable property

Depreciation and amortization is computed over the expected useful lives of depreciable property on a straight-line basis with lives generally as follows:

			Estimated Useful Life
Buildings and improvements			5-35 years
Furniture, fixtures, equipment, and other			3-20 years
Intangible assets/liabilities (in-place leases and above and below-market leases)			underlying lease term

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- Definition

Expected useful lives of depreciable property including buildings and improvements, furniture, fixtures, equipment and other, and intangible assets such as in-place leases and above and below market leases.

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