The following is a summary of intangible assets and liabilities, and leasing fees, and related accumulated amortization, excluding amounts classified as held for sale (see Note 2):


(in thousands)	September 30, 2024			December 31, 2023
Lease intangibles:
Acquired above-market leases	$	40,086		$	44,711
Less accumulated amortization		(18,110	)		(20,312	)
Acquired above-market leases, net		21,976			24,399
Acquired in-place leases		411,624			416,206
Less accumulated amortization		(156,789	)		(152,379	)
Acquired in-place leases, net		254,835			263,827
Total intangible lease assets, net	$	276,811		$	288,226
Acquired below-market leases	$	96,751		$	98,535
Less accumulated amortization		(45,990	)		(45,004	)
Intangible lease liabilities, net	$	50,761		$	53,531
Leasing fees	$	19,234		$	18,117
Less accumulated amortization		(6,418	)		(6,426	)
Leasing fees, net	$	12,816		$	11,691

Amortization of intangible lease assets and liabilities, and leasing fees was as follows:


(in thousands)		For the Three Months Ended September 30,				For the Nine Months Ended September 30,
Intangible	Financial Statement Presentation	2024		2023		2024		2023
Acquired in-place leases and leasing fees	Depreciation and amortization	$	7,926	$	7,866	$	23,462	$	26,455
Above-market and below-market leases	Lease revenues, net		1,310		1,059		3,427		4,841

There was no accelerated amortization for the three and nine months ended September 30, 2024, and for the three months ended September 30, 2023. For the nine months ended September 30, 2023, amortization expense includes $0.9 million of accelerated amortization resulting from early lease terminations.

Estimated future amortization of intangible assets and liabilities, and leasing fees at September 30, 2024 is as follows:


(in thousands)
Remainder of 2024	$	6,820
2025		26,676
2026		25,631
2027		23,768
2028		21,498
Thereafter		134,473
	$	238,866