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Deferred Charges and Other Assets, net (Tables)
12 Months Ended
Dec. 31, 2024
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
Schedule of Deferred Charges and Other Assets, Net
Deferred charges and other assets, net at December 31, 2024 and 2023 consist of the following:
20242023
Leasing$69,077 $89,175 
Intangible assets:  
In-place lease values(1)142,979 59,478 
Leasing commissions and legal costs(1)27,676 16,364 
   Above-market leases74,712 66,002 
Deferred tax assets25,324 24,024 
Deferred compensation plan assets69,031 62,755 
Other assets48,771 73,576 
457,570 391,374 
Less accumulated amortization(2)(88,017)(128,306)
$369,553 $263,068 
_______________________________

(1)The amortization of these intangible assets for the next five years and thereafter is as follows:
Year Ending December 31, 
2025$51,111 
202626,731 
202717,828 
202811,615 
20298,376 
Thereafter21,111 
$136,772 

(2)Accumulated amortization includes $33,883 and $39,540 relating to in-place lease values, leasing commissions and legal costs at December 31, 2024 and 2023, respectively. Amortization expense for in-place lease values, leasing commissions and legal costs was $18,423, $7,417 and $6,734 for the years ended December 31, 2024, 2023 and 2022, respectively.
Schedule of Estimated Amortization of Intangible Assets for the Next Five Years and Thereafter The amortization of these intangible assets for the next five years and thereafter is as follows:
Year Ending December 31, 
2025$51,111 
202626,731 
202717,828 
202811,615 
20298,376 
Thereafter21,111 
$136,772 
Schedule of Allocated Values of Above-market Leases and Below-Market Leases
The allocated values of above-market leases and below-market leases consist of the following as of December 31, 2024 and 2023:
20242023
Above-Market Leases(1)  
Original allocated value$74,712 $66,002 
Less accumulated amortization(26,173)(36,926)
$48,539 $29,076 
Below-Market Leases(1)  
Original allocated value$114,150 $85,174 
Less accumulated amortization(36,338)(37,490)
$77,812 $47,684 
_______________________________

(1)Above-market leases are included in deferred charges and other assets, net. Below-market leases are included in other accrued liabilities.
Schedule of Estimated Amortization of Allocated Values of Above and Below-market Leases for the Next Five Years and Thereafter The amortization of these values for the next five years and thereafter is as follows:
Year Ending December 31,Above
Market
Below
Market
2025$12,535 $15,874 
20269,201 13,306 
20277,253 10,069 
20285,408 8,079 
20294,502 6,982 
Thereafter9,640 23,502 
$48,539 $77,812