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Deferred Leasing Costs and Intangible Assets, net and Intangible Liabilities, net
6 Months Ended
Jun. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Deferred Leasing Costs and Intangible Assets, net and Intangible Liabilities, net Deferred Leasing Costs and Intangible Assets, net and Intangible Liabilities, net
The following summarizes the Company’s deferred leasing costs and intangibles as of:
June 30, 2023December 31, 2022
Deferred leasing costs and in-place lease intangibles$328,891 $328,617 
Accumulated amortization(154,682)(141,353)
Deferred leasing costs and in-place lease intangibles, net174,209 187,264 
Below-market ground leases79,562 79,562 
Accumulated amortization(19,356)(17,979)
Below-market ground leases, net60,206 61,583 
Above-market leases673 724 
Accumulated amortization(325)(324)
Above-market leases, net348 400 
Customer relationships97,900 97,900 
Accumulated amortization(19,355)(12,346)
Customer relationships, net78,545 85,554 
Non-competition agreements8,200 8,200 
Accumulated amortization(2,456)(1,632)
Non-competition agreements, net5,744 6,568 
Trade name37,200 37,200 
Parking easement15,273 15,273 
DEFERRED LEASING COSTS AND INTANGIBLE ASSETS, NET$371,525 $393,842 
Below-market leases$59,275 $59,540 
Accumulated amortization(29,201)(26,195)
Below-market leases, net30,074 33,345 
Above-market ground leases1,095 1,095 
Accumulated amortization(371)(349)
Above-market ground leases, net724 746 
INTANGIBLE LIABILITIES, NET$30,798 $34,091 

The Company recognized the following amortization related to deferred leasing costs and intangibles:
Three Months Ended June 30,Six Months Ended June 30,
2023202220232022
Deferred leasing costs and in-place lease intangibles(1)
$(9,809)$(9,788)$(19,057)$(20,207)
Below-market ground leases(2)
$(699)$(698)$(1,398)$(1,377)
Above-market leases(3)
$(15)$(23)$(32)$(91)
Customer relationships(1)
$(3,504)$(1,875)$(7,008)$(3,750)
Non-competition agreements(1)
$(411)$(265)$(823)$(530)
Below-market leases(3)
$1,634 $1,976 $3,271 $4,783 
Above-market ground leases(2)
$10 $11 $21 $22 
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1.Amortization is recorded in depreciation and amortization expenses and for lease incentive costs in office rental revenues on the Consolidated Statements of Operations.
2.Amortization is recorded in office operating expenses on the Consolidated Statements of Operations.
3.Amortization is recorded in office rental revenues on the Consolidated Statements of Operations.