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Intangible Assets and Below Market Lease Liabilities (Tables) | 9 Months Ended
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Sep. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract] |
Total 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:
| September 30, 2022 |  | December 31, 2021
Assets: |  |  |
Deferred leasing costs (including lease incentives and above market lease and in-place lease acquisition-related intangible assets) | $ | 413,036 |  |  | $ | 402,013 |
Less accumulated amortization | (157,205) |  |  | (143,111) |
| $ | 255,831 |  |  | $ | 258,902 |
Liabilities (in accounts payable, accrued expenses and other liabilities): |  |  |
Acquisition-related below market lease liabilities | $ | 55,371 |  |  | $ | 57,703 |
Less accumulated amortization | (28,633) |  |  | (28,978) |
| $ | 26,738 |  |  | $ | 28,725 |
Amortization of Intangible Assets and Below Market Lease Liabilities | The following table sets forth amortization of intangible assets and below market lease liabilities:
| Three Months Ended September 30, |  | Nine Months Ended September 30,
| 2022 |  | 2021 |  | 2022 |  | 2021
Amortization of deferred leasing costs and acquisition-related intangible assets (in depreciation and amortization) | $ | 11,425 |  |  | $ | 10,070 |  |  | $ | 33,603 |  |  | $ | 27,267 |
Amortization of lease incentives (in rental and other revenues) | $ | 500 |  |  | $ | 424 |  |  | $ | 1,369 |  |  | $ | 1,317 |
Amortization of acquisition-related intangible assets (in rental and other revenues) | $ | 797 |  |  | $ | 636 |  |  | $ | 2,448 |  |  | $ | 1,154 |
Amortization of acquisition-related below market lease liabilities (in rental and other revenues) | $ | (1,473) |  |  | $ | (1,391) |  |  | $ | (4,159) |  |  | $ | (4,241) |
Scheduled Future Amortization of Intangible Assets and Below Market Lease Liabilities | 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)
October 1 through December 31, 2022 |  |  |  | $ | 11,068 |  |  | $ | 488 |  |  | $ | 865 |  |  |  |  | $ | (1,275) |
2023 |  |  |  | 40,696 |  |  | 1,623 |  |  | 3,279 |  |  |  |  | (4,918) |
2024 |  |  |  | 35,514 |  |  | 1,554 |  |  | 3,065 |  |  |  |  | (4,278) |
2025 |  |  |  | 28,586 |  |  | 1,478 |  |  | 2,202 |  |  |  |  | (2,764) |
2026 |  |  |  | 24,614 |  |  | 1,279 |  |  | 1,868 |  |  |  |  | (2,464) |
Thereafter |  |  |  | 86,384 |  |  | 4,089 |  |  | 7,179 |  |  |  |  | (11,039) |
|  |  |  | $ | 226,862 |  |  | $ | 10,511 |  |  | $ | 18,458 |  |  |  |  | $ | (26,738) |
Weighted average remaining amortization periods as of September 30, 2022 (in years) |  |  |  | 7.9 |  | 7.9 |  | 7.7 |  |  |  | 8.4
Total Intangible Assets and Below Market Lease Liabilities from Acquisition Activity | The following table sets forth the intangible assets acquired and below market lease liabilities assumed as a result of the acquisition of SIX50 at Legacy Union in Charlotte:
|  |  |  | 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 |  |  |  | $ | 4,722 |  |  | $ | 12,606 |  |  | $ | (2,172) |
Weighted average remaining amortization periods as of September 30, 2022 (in years) |  |  |  | 9.1 |  | 9.8 |  | 12.7

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