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DEFERRED REVENUE, INTANGIBLES, NET AND OTHER LIABILITIES (Tables)
12 Months Ended
Dec. 31, 2022
Other Liabilities Disclosure [Abstract]  
Schedule of Deferred Revenue and Other Liabilities
As of December 31, 2022 and 2021, deferred revenue, intangibles, net and other liabilities consisted of the following (in thousands):
December 31,
20222021
Unamortized in-place lease liabilities$188,815 $210,261 
Retainages payable and other12,110 10,796 
Tenant rents received in advance29,947 30,125 
Lease liabilities67,167 70,237 
Total$298,039 $321,419 
Schedule of Amortization of In-Place Lease Liabilities
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