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DEFERRED COSTS AND INTANGIBLES, NET
 12 Months Ended
Dec. 31, 2022
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
Deferred Costs and Intangibles, net DEFERRED COSTS AND INTANGIBLES, NET
Deferred costs consist primarily of acquired lease intangible assets, broker fees and capitalized internal commissions incurred in connection with lease originations. Deferred leasing costs, lease intangibles and similar costs are amortized on a straight-line basis over the terms of the related leases. As of December 31, 2022 and 2021, deferred costs consisted of the following (in thousands):
December 31,
20222021
Acquired lease intangible assets$522,152 $567,149 
Deferred leasing costs and other66,842 55,817 
 588,994 622,966 
Less: accumulated amortization(179,166)(81,448)
Total$409,828 $541,518 
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 leases		Amortization of
acquired lease intangible assets		Total
2023$11,823 $92,095 $103,918 
20249,583 63,858 73,441 
20257,339 43,346 50,685 
20265,368 29,834 35,202 
20274,030 20,156 24,186 
Thereafter5,792 60,823 66,615 
Total$43,935 $310,112 $354,047 
Amortization of deferred leasing costs, lease intangibles and other is included within “Depreciation and amortization” in the accompanying consolidated statements of operations and comprehensive income. The amortization of above-market lease intangibles is included as a reduction to “Rental income” in the accompanying consolidated statements of operations and comprehensive income. The amounts of such amortization included in the accompanying consolidated statements of operations and comprehensive income are as follows (in thousands):
Year Ended December 31,
202220212020
Amortization of deferred leasing costs, lease intangibles and other$150,245 $45,423 $13,916 
Amortization of above-market lease intangibles$13,562 $3,483 $999