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Intangible Assets and Below Market Lease Liabilities | 9 Months Ended
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Sep. 30, 2024
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:
| September 30, 2024 |  | December 31, 2023
Assets: |  |  |
Deferred leasing costs (including lease incentives and above market lease and in-place lease acquisition-related intangible assets) | $ | 386,111 |  |  | $ | 401,621 |
Less accumulated amortization | (172,702) |  |  | (175,697) |
| $ | 213,409 |  |  | $ | 225,924 |
Liabilities (in accounts payable, accrued expenses and other liabilities): |  |  |
Acquisition-related below market lease liabilities | $ | 37,491 |  |  | $ | 50,842 |
Less accumulated amortization | (20,449) |  |  | (30,416) |
| $ | 17,042 |  |  | $ | 20,426 |
The following table sets forth amortization of intangible assets and below market lease liabilities:
| Three Months Ended September 30, |  | Nine Months Ended September 30,
| 2024 |  | 2023 |  | 2024 |  | 2023
Amortization of deferred leasing costs and acquisition-related intangible assets (in depreciation and amortization) | $ | 11,370 |  |  | $ | 10,696 |  |  | $ | 30,999 |  |  | $ | 32,409 |
Amortization of lease incentives (in rental and other revenues) | $ | 643 |  |  | $ | 655 |  |  | $ | 1,886 |  |  | $ | 1,983 |
Amortization of acquisition-related intangible assets (in rental and other revenues) | $ | 768 |  |  | $ | 823 |  |  | $ | 2,364 |  |  | $ | 2,523 |
Amortization of acquisition-related below market lease liabilities (in rental and other revenues) | $ | (1,110) |  |  | $ | (1,260) |  |  | $ | (3,384) |  |  | $ | (3,794) |
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, 2024 |  |  |  | $ | 9,864 |  |  | $ | 624 |  |  | $ | 702 |  |  |  |  | $ | (856) |
2025 |  |  |  | 34,339 |  |  | 2,194 |  |  | 2,210 |  |  |  |  | (2,727) |
2026 |  |  |  | 30,020 |  |  | 2,002 |  |  | 1,861 |  |  |  |  | (2,431) |
2027 |  |  |  | 26,277 |  |  | 1,768 |  |  | 1,520 |  |  |  |  | (2,062) |
2028 |  |  |  | 22,315 |  |  | 1,518 |  |  | 1,404 |  |  |  |  | (1,648) |
Thereafter |  |  |  | 65,764 |  |  | 4,840 |  |  | 4,187 |  |  |  |  | (7,318) |
|  |  |  | $ | 188,579 |  |  | $ | 12,946 |  |  | $ | 11,884 |  |  |  |  | $ | (17,042) |
Weighted average remaining amortization periods as of September 30, 2024 (in years) |  |  |  | 7.2 |  | 7.7 |  | 6.9 |  |  |  | 8.1

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