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DEFERRED COSTS AND INTANGIBLES, NET | 9 Months Ended
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Sep. 30, 2024
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, 2024 and December 31, 2023, deferred costs consisted of the following (in thousands):
| September 30, 2024 |  | December 31, 2023
Acquired lease intangible assets | $ | 375,055 |  |  | $ | 433,771 |
Deferred leasing costs and other | 85,713 |  |  | 74,662 |
| 460,768 |  |  | 508,433 |
Less: accumulated amortization | (205,967) |  |  | (204,262) |
| $ | 254,801 |  |  | $ | 304,171 |
Less: deferred costs associated with investment property held for sale | (2,638) |  |  | — |
Deferred costs, net | $ | 252,163 |  |  | $ | 304,171 |
The 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,
| 2024 |  | 2023
Amortization of deferred leasing costs, lease intangibles and other | $ | 59,549 |  |  | $ | 83,768 |
Amortization of above-market lease intangibles | $ | 7,309 |  |  | $ | 9,305 |

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- Definition The entire disclosure for other assets. This disclosure includes other current assets and other noncurrent assets. + References No definition available. + Details
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