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Identified Intangible Assets and Liabilities
 6 Months Ended
Jun. 30, 2026
Intangible Asset, Excluding Goodwill, after Accumulated Amortization [Abstract]  
Identified Intangible Assets and Liabilities Identified Intangible Assets and Liabilities
The following summarizes our identified intangible assets (primarily in-place and above-market leases) and liabilities (primarily below-market leases).
(Amounts in thousands)Balance as of
June 30, 2026December 31, 2025
Identified intangible assets:
Gross amount$192,026 $192,555 
Accumulated amortization(85,206)(81,962)
Total, net$106,820 $110,593 
Identified intangible liabilities (included in other liabilities):
Gross amount$130,080 $134,499 
Accumulated amortization(110,021)(113,271)
Total, net$20,059 $21,228 
Amortization of acquired below-market leases, net of acquired above-market leases, resulted in an increase to rental revenues of $135,000 and $96,000 for the three months ended June 30, 2026 and 2025, respectively, and $236,000 and $184,000 for the six months ended June 30, 2026 and 2025, respectively.
Amortization of all other identified intangible assets (a component of depreciation and amortization expense) was $1,418,000 and $1,422,000 for the three months ended June 30, 2026 and 2025, respectively, and $2,837,000 and $2,873,000 for the six months ended June 30, 2026 and 2025, respectively.