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Intangible Assets on Property Acquisitions
12 Months Ended
Dec. 31, 2021
Intangible Assets on Property Acquisitions  
Intangible Assets on Property Acquisitions Intangible Assets on Property Acquisitions
Intangible assets on property acquisitions consisted of the following (in thousands):
December 31, 2021December 31, 2020
Gross Carrying AmountAccumulated AmortizationNet
 Carrying Amount
Gross Carrying AmountAccumulated AmortizationNet
Carrying Amount
In-place lease value$125,591 $118,983 $6,608 $128,693 $120,010 $8,683 
Tenant relationship value58,082 50,701 7,381 58,082 48,163 9,919 
Above-market leases13,718 13,435 283 13,718 13,380 338 
Other1,333 1,038 295 1,333 1,024 309 
$198,724 $184,157 $14,567 $201,826 $182,577 $19,249 
Amortization of intangible assets on property acquisitions from continuing and discontinued operations totaled $4.7 million in 2021, $8.0 million in 2020 and $8.7 million in 2019. The approximate weighted average amortization periods of the categories set forth above follow: in-place lease value: five years; tenant relationship value: eight years; above-market leases: seven years; and other: 21 years. The approximate weighted average amortization period for all of the categories combined is seven years. The estimated amortization (to amortization associated with real estate operations, rental revenue and property operating expenses) associated with the intangible asset categories set forth above for the next five years is: $3.2 million for 2022; $2.8 million for 2023; $2.2 million for 2024; $2.0 million for 2025; and $1.3 million for 2026.