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DEFERRED COSTS AND INTANGIBLES, NET (Tables)
 12 Months Ended
Dec. 31, 2022
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
Summary of Deferred Costs 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 
Schedule of Amortization From Acquired Lease Intangible Assets
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 
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):
2023$17,582 
202415,828 
202514,158 
202613,210 
202711,219 
Thereafter116,818 
Total$188,815 
Summary of Deferred Cost Amortization 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 
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 (in thousands):
Year Ended December 31,
202220212020
Amortization of debt issuance costs$3,163 $2,681 $2,135