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Deferred Leasing Costs and Intangible Assets, net and Intangible Liabilities, net
 9 Months Ended
Sep. 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:
September 30, 2023December 31, 2022
Deferred leasing costs and in-place lease intangibles$327,346 $328,617 
Accumulated amortization(160,163)(141,353)
Deferred leasing costs and in-place lease intangibles, net167,183 187,264 
Below-market ground leases79,562 79,562 
Accumulated amortization(20,044)(17,979)
Below-market ground leases, net59,518 61,583 
Above-market leases673 724 
Accumulated amortization(350)(324)
Above-market leases, net323 400 
Customer relationships97,900 97,900 
Accumulated amortization(22,859)(12,346)
Customer relationships, net75,041 85,554 
Non-competition agreements8,200 8,200 
Accumulated amortization(2,868)(1,632)
Non-competition agreements, net5,332 6,568 
Trade name37,200 37,200 
Parking easement15,273 15,273 
DEFERRED LEASING COSTS AND INTANGIBLE ASSETS, NET$359,870 $393,842 
Below-market leases$59,274 $59,540 
Accumulated amortization(30,741)(26,195)
Below-market leases, net28,533 33,345 
Above-market ground leases1,095 1,095 
Accumulated amortization(381)(349)
Above-market ground leases, net714 746 
INTANGIBLE LIABILITIES, NET$29,247 $34,091 
The Company recognized the following amortization related to deferred leasing costs and intangibles:
Three Months Ended September 30,Nine Months Ended September 30,
2023202220232022
Deferred leasing costs and in-place lease intangibles(1)
$(9,382)$(9,450)$(28,439)$(29,657)
Below-market ground leases(2)
$(698)$(698)$(2,096)$(2,075)
Above-market leases(3)
$(15)$(16)$(47)$(107)
Customer relationships(1)
$(3,504)$(2,415)$(10,512)$(6,165)
Non-competition agreements(1)
$(412)$(313)$(1,235)$(843)
Below-market leases(3)
$1,540 $1,717 $4,811 $6,500 
Above-market ground leases(2)
$11 $11 $32 $33 
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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.

The Company had no impairments of deferred leasing costs and intangible assets or liabilities during the three and nine months ended ended September 30, 2023.

During the nine months ended September 30, 2022, the Company recognized an $8.5 million impairment of the Zio trade name. The impairment was related to the rebranding and integration of the previously acquired Zio brand into the Company’s existing Sunset Studios platform, after which the Company stopped using the Zio trade name. During the nine months ended September 30, 2022, the Company also recognized an impairment loss of $2.4 million related to the below-market ground lease at its Del Amo office property, which was sold in August 2022. The losses are recorded within impairment loss on the Consolidated Statement of Operations.