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Deferred Costs, Acquired Lease Intangibles and Goodwill (Tables) | 12 Months Ended
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Dec. 31, 2023
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract] |
Schedule of Deferred Costs, Net | Deferred costs, net, consisted of the following at December 31, 2023 and 2022 (amounts in thousands):
| 2023 |  | 2022
Leasing costs | $ | 224,295 |  |  | $ | 218,707 |
Acquired in-place lease value and deferred leasing costs | 158,267 |  |  | 160,683 |
Acquired above-market leases | 23,918 |  |  | 27,833 |
| 406,480 |  |  | 407,223 |
Less: accumulated amortization | (236,900) |  |  | (223,246) |
Total deferred costs, net, excluding net deferred financing costs | $ | 169,580 |  |  | $ | 183,977 |
Deferred financing costs, net, consisted of the following at December 31, 2023 and 2022 (amounts in thousands):
| 2023 |  | 2022
Financing costs | $ | 43,473 |  |  | $ | 43,473 |
Less: accumulated amortization | (31,108) |  |  | (26,753) |
Total deferred financing costs, net | $ | 12,365 |  |  | $ | 16,720 |
Schedule of Amortizing Acquired Intangible Assets and Liabilities | Amortizing acquired intangible assets and liabilities consisted of the following at December 31, 2023 and 2022 (amounts in thousands):
| 2023 |  | 2022
Acquired below-market ground leases | $ | 396,916 |  |  | $ | 396,916 |
Less: accumulated amortization | (75,675) |  |  | (67,843) |
Acquired below-market ground leases, net | $ | 321,241 |  |  | $ | 329,073 |
| 2023 |  | 2022 |  |
Acquired below-market leases | $ | (55,155) |  |  | $ | (64,656) |  |  |
Less: accumulated amortization | 41,405 |  |  | 46,807 |  |  |
Acquired below-market leases, net | $ | (13,750) |  |  | $ | (17,849) |  |  |
Schedule of Future Amortization Expense and Rental Revenue from Acquired Intangible Assets | We expect to recognize amortization expense and rental revenue from the acquired intangible assets and liabilities as follows (amounts in thousands):
For the year ending: | Future Ground Rent Amortization |  | Future Amortization Expense |  | Future Rental Revenue (Expense)
2024 | $ | 7,831 |  |  | $ | 7,430 |  |  | $ | 1,977 |
2025 | 7,831 |  |  | 6,481 |  |  | 1,914 |
2026 | 7,831 |  |  | 5,593 |  |  | 1,116 |
2027 | 7,831 |  |  | 4,930 |  |  | 882 |
2028 | 7,831 |  |  | 4,297 |  |  | 854 |
Thereafter | 282,086 |  |  | 4,110 |  |  | (124) |
| $ | 321,241 |  |  | $ | 32,841 |  |  | $ | 6,619 |

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- Definition Tabular disclosure of the amounts paid in advance for capitalized costs that will be expensed with the passage of time or the occurrence of a triggering event, and will be charged against earnings within one year or the normal operating cycle, if longer; the aggregate carrying amount of current assets, not separately presented elsewhere in the balance sheet; and other deferred costs. + References No definition available. + Details
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