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Lease Intangibles (Tables) | 12 Months Ended
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Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Intangible Assets and Liabilities Included in Other Assets and Accounts Payable and Other Liabilities | Intangible assets and liabilities are included in Other assets and Accounts payable and other liabilities (Note 5) on the Consolidated Balance Sheets and summarized as follows (in thousands):
|  | December 31, 2023 |  |  | December 31, 2022 |
|  | Gross Carrying Amount |  |  | Accumulated Amortization |  |  | Net Carrying Amount |  |  | Gross Carrying Amount |  |  | Accumulated Amortization |  |  | Net Carrying Amount |
Amortizable Intangible Assets |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
In-place lease intangible assets |  | $ | 327,484 |  |  | $ | (234,808 | ) |  | $ | 92,676 |  |  | $ | 301,556 |  |  | $ | (205,951 | ) |  | $ | 95,605 |
Above-market rent |  |  | 27,294 |  |  |  | (19,376 | ) |  |  | 7,918 |  |  |  | 24,064 |  |  |  | (17,295 | ) |  |  | 6,769 |
|  | $ | 354,778 |  |  | $ | (254,184 | ) |  | $ | 100,594 |  |  | $ | 325,620 |  |  | $ | (223,246 | ) |  | $ | 102,374 |
Amortizable Intangible Liabilities |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Below-market rent |  | $ | (188,098 | ) |  | $ | 114,393 |  |  | $ | (73,705 | ) |  | $ | (176,253 | ) |  | $ | 98,182 |  |  | $ | (78,071 | )
Above-market ground lease |  |  | (671 | ) |  |  | 382 |  |  |  | (289 | ) |  |  | (671 | ) |  |  | 326 |  |  |  | (345 | )
|  | $ | (188,769 | ) |  | $ | 114,775 |  |  | $ | (73,994 | ) |  | $ | (176,924 | ) |  | $ | 98,508 |  |  | $ | (78,416 | )
Scheduled Amortization of Acquired Lease Intangible Assets and Assumed Liabilities | The scheduled amortization of acquired lease intangible assets and assumed liabilities as of December 31, 2023 is as follows (in thousands):
Years Ending December 31, |  | Net Increase in Rental Revenues |  |  | Increase to Amortization Expense |  |  | Reduction of Property Operating Expense |
2024 |  | $ | 5,157 |  |  | $ | (23,596 | ) |  | $ | 58 |
2025 |  |  | 4,752 |  |  |  | (17,912 | ) |  |  | 58 |
2026 |  |  | 4,522 |  |  |  | (14,435 | ) |  |  | 58 |
2027 |  |  | 4,452 |  |  |  | (11,159 | ) |  |  | 58 |
2028 |  |  | 4,536 |  |  |  | (7,299 | ) |  |  | 57 |

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