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DEFERRED COSTS AND INTANGIBLES, NET (Tables)
 12 Months Ended
Dec. 31, 2023
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
Schedule of Deferred Costs As of December 31, 2023 and 2022, deferred costs consisted of the following (in thousands):
December 31,
20232022
Acquired lease intangible assets$433,771 $522,152 
Deferred leasing costs and other74,662 66,842 
 508,433 588,994 
Less: accumulated amortization(204,262)(179,166)
Deferred costs, net$304,171 $409,828 
Schedule of Amortization from Acquired Lease Intangible Assets
The estimated net amounts of amortization of acquired lease intangible assets for properties owned as of December 31, 2023 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
2024$8,935 $66,000 $74,935 
20256,822 42,293 49,115 
20264,865 28,974 33,839 
20273,505 19,460 22,965 
20282,432 15,376 17,808 
Thereafter2,644 39,806 42,450 
Total$29,203 $211,909 $241,112 
The estimated net amounts of amortization of in-place lease liabilities and the increasing effect on minimum rent for properties owned as of December 31, 2023 for each of the next five years and thereafter are as follows (in thousands):
2024$19,346 
202513,186 
202612,149 
202710,274 
20289,665 
Thereafter94,829 
Total$159,449 
Schedule 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,
202320222021
Amortization of deferred leasing costs, lease intangibles and other$107,542 $150,245 $45,423 
Amortization of above-market lease intangibles$12,007 $13,562 $3,483 
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,
202320222021
Amortization of debt issuance costs$3,609 $3,163 $2,681