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DEFERRED COSTS AND INTANGIBLES, NET (Tables)
9 Months Ended
Sep. 30, 2025
Deferred Costs [Abstract]  
Schedule of Deferred Costs As of September 30, 2025 and December 31, 2024, deferred costs consisted of the following (in thousands):
September 30, 2025December 31, 2024
Acquired lease intangible assets$287,621 $357,674 
Deferred leasing costs and other93,264 89,762 
 380,885 447,436 
Less: accumulated amortization(177,087)(206,589)
$203,798 $240,847 
Less: deferred costs associated with investment property held for sale(2,844)(2,634)
Deferred costs, net$200,954 $238,213 
Schedule of Amortization of Deferred Costs The amounts of such amortization included in the accompanying consolidated statements of operations and comprehensive income (loss) are as follows (in thousands):
 Nine Months Ended September 30,
20252024
Amortization of deferred leasing costs, lease intangibles and other$48,441 $59,549 
Amortization of above-market lease intangibles$5,857 $7,309 
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 (loss) (in thousands):
Nine Months Ended September 30,
20252024
Amortization of debt issuance costs$5,124 $2,978