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Intangible Assets and Below Market Lease Liabilities | 3 Months Ended
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Mar. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract] |
Intangible Assets and Below Market Lease Liabilities | Intangible Assets and Below Market Lease Liabilities The following table sets forth total intangible assets and acquisition-related below market lease liabilities, net of accumulated amortization:
| March 31, 2021 |  | December 31, 2020
Assets: |  |  |
Deferred leasing costs (including lease incentives and above market lease and in-place lease acquisition-related intangible assets) | $ | 367,727 |  |  | $ | 361,027 |
Less accumulated amortization | (147,937) |  |  | (151,698) |
| $ | 219,790 |  |  | $ | 209,329 |
Liabilities (in accounts payable, accrued expenses and other liabilities): |  |  |
Acquisition-related below market lease liabilities | $ | 62,490 |  |  | $ | 63,748 |
Less accumulated amortization | (36,647) |  |  | (37,838) |
| $ | 25,843 |  |  | $ | 25,910 |
The following table sets forth amortization of intangible assets and below market lease liabilities:
|  |  | Three Months Ended March 31,
|  |  |  |  | 2021 |  | 2020
Amortization of deferred leasing costs and acquisition-related intangible assets (in depreciation and amortization) |  |  |  |  | $ | 8,571 |  |  | $ | 8,798 |
Amortization of lease incentives (in rental and other revenues) |  |  |  |  | $ | 448 |  |  | $ | 490 |
Amortization of acquisition-related intangible assets (in rental and other revenues) |  |  |  |  | $ | 277 |  |  | $ | 288 |
Amortization of acquisition-related intangible assets (in rental property and other expenses) |  |  |  |  | $ | — |  |  | $ | 139 |
Amortization of acquisition-related below market lease liabilities (in rental and other revenues) |  |  |  |  | $ | (1,429) |  |  | $ | (1,566) |
The following table sets forth scheduled future amortization of intangible assets and below market lease liabilities:
|  |  |  | Amortization of Deferred Leasing Costs and Acquisition-Related Intangible Assets (in Depreciation and Amortization) |  | Amortization of Lease Incentives (in Rental and Other Revenues) |  | Amortization of Acquisition-Related Intangible Assets (in Rental and Other Revenues) |  |  |  | Amortization of Acquisition-Related Below Market Lease Liabilities (in Rental and Other Revenues)
April 1 through December 31, 2021 |  |  |  | $ | 27,307 |  |  | $ | 1,169 |  |  | $ | 725 |  |  |  |  | $ | (3,757) |
2022 |  |  |  | 32,692 |  |  | 1,396 |  |  | 910 |  |  |  |  | (4,214) |
2023 |  |  |  | 29,031 |  |  | 1,322 |  |  | 754 |  |  |  |  | (3,838) |
2024 |  |  |  | 25,668 |  |  | 1,173 |  |  | 664 |  |  |  |  | (3,171) |
2025 |  |  |  | 20,705 |  |  | 1,095 |  |  | 546 |  |  |  |  | (1,813) |
Thereafter |  |  |  | 67,577 |  |  | 4,603 |  |  | 2,453 |  |  |  |  | (9,050) |
|  |  |  | $ | 202,980 |  |  | $ | 10,758 |  |  | $ | 6,052 |  |  |  |  | $ | (25,843) |
Weighted average remaining amortization periods as of March 31, 2021 (in years) |  |  |  | 8.2 |  | 9.4 |  | 9.0 |  |  |  | 8.4
The following table sets forth the intangible assets acquired and below market lease liabilities assumed as a result of 2021 acquisition activity:
|  |  |  | Acquisition-Related Intangible Assets (amortized in Rental and Other Revenues) |  | Acquisition-Related Intangible Assets (amortized in Depreciation and Amortization) |  | Acquisition-Related Below Market Lease Liabilities (amortized in Rental and Other Revenues)
Amount recorded at acquisition |  |  |  | $ | 2,036 |  |  | $ | 13,168 |  |  | $ | (1,361) |
Weighted average remaining amortization periods as of March 31, 2021 (in years) |  |  |  | 7.4 |  | 5.9 |  | 5.9

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- References No definition available. + Details
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- Definition The entire disclosure for all or part of the information related to intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -URI http://asc.fasb.org/topic&trid=2144416 + Details
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