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Intangible Assets and Below Market Leaes Liabilities | 12 Months Ended
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Dec. 31, 2022
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:
| December 31,
| 2022 |  | 2021
Assets: |  |  |
Deferred leasing costs (including lease incentives and above market lease and in-place lease acquisition-related intangible assets) | $ | 416,579 |  |  | $ | 402,013 |
Less accumulated amortization | (163,751) |  |  | (143,111) |
| $ | 252,828 |  |  | $ | 258,902 |
Liabilities (in accounts payable, accrued expenses and other liabilities): |  |  |
Acquisition-related below market lease liabilities | $ | 55,304 |  |  | $ | 57,703 |
Less accumulated amortization | (29,859) |  |  | (28,978) |
| $ | 25,445 |  |  | $ | 28,725 |
The following table sets forth amortization of intangible assets and below market lease liabilities:
| Year Ended December 31,
| 2022 |  | 2021 |  | 2020
Amortization of deferred leasing costs and acquisition-related intangible assets (in depreciation and amortization) | $ | 44,900 |  |  | $ | 38,173 |  |  | $ | 34,401 |
Amortization of lease incentives (in rental and other revenues) | $ | 2,090 |  |  | $ | 1,885 |  |  | $ | 1,847 |
Amortization of acquisition-related intangible assets (in rental and other revenues) | $ | 3,320 |  |  | $ | 1,932 |  |  | $ | 1,137 |
Amortization of acquisition-related intangible assets (in rental property and other expenses) | $ | — |  |  | $ | — |  |  | $ | 510 |
Amortization of acquisition-related below market lease liabilities (in rental and other revenues) | $ | (5,452) |  |  | $ | (5,720) |  |  | $ | (6,031) |
The following table sets forth scheduled future amortization of intangible assets and below market lease liabilities:
Years Ending December 31, |  | 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)
2023 |  | $ | 42,303 |  |  | $ | 2,097 |  |  | $ | 3,302 |  |  |  |  | $ | (4,888) |
2024 |  | 36,899 |  |  | 1,677 |  |  | 3,088 |  |  |  |  | (4,219) |
2025 |  | 29,903 |  |  | 1,598 |  |  | 2,220 |  |  |  |  | (2,729) |
2026 |  | 25,642 |  |  | 1,397 |  |  | 1,860 |  |  |  |  | (2,514) |
2027 |  | 21,893 |  |  | 1,210 |  |  | 1,518 |  |  |  |  | (2,112) |
Thereafter |  | 67,139 |  |  | 3,484 |  |  | 5,598 |  |  |  |  | (8,983) |
|  | $ | 223,779 |  |  | $ | 11,463 |  |  | $ | 17,586 |  |  |  |  | $ | (25,445) |
Weighted average remaining amortization periods as of December 31, 2022 (in years) |  | 7.8 |  | 7.7 |  | 7.6 |  |  |  | 8.4
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 December 31, 2022 (in years) |  |  |  | 8.8 |  | 9.6 |  | 12.5

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- Definition The entire disclosure for all or part of the information related to intangible assets. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -URI https://asc.fasb.org/subtopic&trid=2144471 + Details
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