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DEFERRED COSTS AND INTANGIBLES, NET
 9 Months Ended
Sep. 30, 2023
Deferred Costs [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 September 30, 2023 and December 31, 2022, deferred costs consisted of the following (in thousands):
September 30, 2023December 31, 2022
Acquired lease intangible assets$450,740 $522,152 
Deferred leasing costs and other71,754 66,842 
 522,494 588,994 
Less: accumulated amortization(197,434)(179,166)
$325,060 $409,828 
Less: deferred costs associated with investment property held for sale(411)— 
Total$324,649 $409,828 
 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):
 Nine Months Ended September 30,
20232022
Amortization of deferred leasing costs, lease intangibles and other$83,768 $117,177 
Amortization of above-market lease intangibles$9,305 $10,161