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Real Estate (Tables)
 3 Months Ended
Mar. 31, 2024
Real Estate [Abstract]  
Schedule of Real Estate Properties
The Company’s components of Real estate, net consisted of the following:

March 31, 2024December 31, 2023
Land$1,779,318 $1,794,011 
Buildings and improvements:
Buildings and tenant improvements8,708,807 8,696,881 
Lease intangibles(1)
500,097 504,995 
10,988,222 10,995,887 
Accumulated depreciation and amortization(2)
(3,251,649)(3,198,980)
Total$7,736,573 $7,796,907 
(1)As of March 31, 2024 and December 31, 2023, Lease intangibles consisted of $453.0 million and $456.8 million, respectively, of in-place leases and $47.1 million and $48.2 million, respectively, of above-market leases. These intangible assets are amortized over the term of each related lease.
(2)As of March 31, 2024 and December 31, 2023, Accumulated depreciation and amortization included $444.2 million and $445.5 million, respectively, of accumulated amortization related to Lease intangibles.
Schedule of Expected Net Amortization Expense Associated with Intangible Assets and Liabilities The Company’s estimated below-market lease accretion income, net of above-market lease amortization expense, and in-place lease amortization expense for the next five years are as follows:
Year ending December 31,
Below-market lease accretion (income), net of above-market lease amortization expense
In-place lease amortization expense
2024 (remaining nine months)$(6,817)$8,416 
2025(7,969)8,555 
2026(6,928)6,105 
2027(5,859)4,703 
2028(5,418)3,809