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Intangible Assets and Below Market Lease Liabilities (Tables) | 12 Months Ended
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Dec. 31, 2024
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:
| December 31,
| 2024 |  | 2023
Assets: |  |  |
Deferred leasing costs (including lease incentives and above market lease and in-place lease acquisition-related intangible assets) | $ | 380,279 |  |  | $ | 401,621 |
Less accumulated amortization | (170,312) |  |  | (175,697) |
| $ | 209,967 |  |  | $ | 225,924 |
Liabilities (in accounts payable, accrued expenses and other liabilities): |  |  |
Acquisition-related below market lease liabilities | $ | 37,482 |  |  | $ | 50,842 |
Less accumulated amortization | (21,296) |  |  | (30,416) |
| $ | 16,186 |  |  | $ | 20,426 |
Amortization of Intangible Assets and Below Market Lease Liabilities | The following table sets forth amortization of intangible assets and below market lease liabilities:
| Year Ended December 31,
| 2024 |  | 2023 |  | 2022
Amortization of deferred leasing costs and acquisition-related intangible assets (in depreciation and amortization) | $ | 40,301 |  |  | $ | 43,511 |  |  | $ | 44,900 |
Amortization of lease incentives (in rental and other revenues) | $ | 2,577 |  |  | $ | 2,816 |  |  | $ | 2,090 |
Amortization of acquisition-related intangible assets (in rental and other revenues) | $ | 3,076 |  |  | $ | 3,338 |  |  | $ | 3,320 |
Amortization of acquisition-related below market lease liabilities (in rental and other revenues) | $ | (4,240) |  |  | $ | (5,019) |  |  | $ | (5,452) |
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:
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)
2025 |  | $ | 34,976 |  |  | $ | 2,255 |  |  | $ | 2,191 |  |  |  |  | $ | (2,725) |
2026 |  | 30,700 |  |  | 2,061 |  |  | 1,868 |  |  |  |  | (2,431) |
2027 |  | 27,015 |  |  | 1,835 |  |  | 1,521 |  |  |  |  | (2,062) |
2028 |  | 23,090 |  |  | 1,633 |  |  | 1,404 |  |  |  |  | (1,649) |
2029 |  | 20,358 |  |  | 1,346 |  |  | 1,291 |  |  |  |  | (1,377) |
Thereafter |  | 49,172 |  |  | 4,354 |  |  | 2,897 |  |  |  |  | (5,942) |
|  | $ | 185,311 |  |  | $ | 13,484 |  |  | $ | 11,172 |  |  |  |  | $ | (16,186) |
Weighted average remaining amortization periods as of December 31, 2024 (in years) |  | 7.2 |  | 8.0 |  | 6.8 |  |  |  | 8.0

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