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DEFERRED COSTS AND INTANGIBLES, NET (Tables)
12 Months Ended
Dec. 31, 2021
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure At December 31, 2021 and 2020, deferred costs consisted of the following:
($ in thousands)20212020
Acquired lease intangible assets$567,149 $55,352 
Deferred leasing costs and other55,817 57,481 
 622,966 112,833 
Less: accumulated amortization(81,448)(49,662)
Total$541,518 $63,171 
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense
The estimated net amounts of amortization from acquired lease intangible assets for each of the next five years and thereafter are as follows:
($ in thousands)Amortization of above-market leasesAmortization of acquired lease intangible assetsTotal
2022$12,610 $133,302 $145,912 
202310,297 85,763 96,060 
20248,461 58,852 67,313 
20256,571 39,351 45,922 
20266,405 39,159 45,564 
Thereafter18,155 79,502 97,657 
Total$62,499 $435,929 $498,428 
The estimated net amounts of amortization of in-place lease liabilities and the increasing effect on minimum rent for each of the next five years and thereafter is as follows:
($ in thousands)
2022$18,290 
202316,668 
202414,781 
202512,440 
202612,517 
Thereafter135,565 
Total$210,261 
Deferred Cost Amortization The amounts of such amortization included in the accompanying consolidated statements of operations and comprehensive income are as follows:
Year ended December 31,
($ in thousands)202120202019
Amortization of deferred leasing costs, lease intangibles and other$45,423 $13,916 $14,239 
Amortization of above-market lease intangibles3,483 999 1,200 
The following amounts of amortization of debt issuance costs are included as a component of “Interest expense” in the accompanying consolidated statements of operations and comprehensive income:
Year ended December 31,
($ in thousands)202120202019
Amortization of debt issuance costs$2,681 $2,135 $2,762