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Deferred Costs, Acquired Lease Intangibles and Goodwill (Tables) | 9 Months Ended
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Sep. 30, 2024
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract] |
Schedule of Deferred Costs, Net | Deferred costs, net, consisted of the following:
(amounts in thousands) | September 30, 2024 |  | December 31, 2023
Deferred leasing costs | $ | 222,978 |  |  | $ | 224,295 |
Acquired in-place lease value, acquired deferred leasing costs and deferred acquisition costs | 140,975 |  |  | 158,267 |
Acquired above-market leases | 22,584 |  |  | 23,918 |
Total deferred costs, excluding deferred financing costs | 386,537 |  |  | 406,480 |
Less: accumulated amortization | (219,188) |  |  | (236,900) |
Total deferred costs, net, excluding net deferred financing costs | 167,349 |  |  | 169,580 |
Deferred financing costs associated with the unsecured revolving credit facility, net of accumulated amortization of $7,252 and $5,709, respectively (Note 5) | 9,371 |  |  | 2,877 |
Total deferred costs, net | $ | 176,720 |  |  | $ | 172,457 |
Deferred financing costs, net, consisted of the following:
(amounts in thousands) |  | September 30, 2024 |  | December 31, 2023
Deferred financing costs, included as a component of net debt |  | $ | 36,309 |  |  | $ | 34,887 |
Deferred financings costs, included as a component of net deferred costs (Note 4) |  | 16,623 |  |  | 8,586 |
Total deferred financing costs |  | $ | 52,932 |  |  | $ | 43,473 |
Less: accumulated amortization |  | (32,871) |  |  | (31,108) |
Total deferred financing costs, net |  | $ | 20,061 |  |  | $ | 12,365 |
Schedule of Amortizing Acquired Intangible Assets and Liabilities | Acquired below-market ground leases, net, consisted of the following:
(amounts in thousands) | September 30, 2024 |  | December 31, 2023
Acquired below-market ground leases | $ | 396,916 |  |  | $ | 396,916 |
Less: accumulated amortization | (81,548) |  |  | (75,675) |
Acquired below-market ground leases, net | $ | 315,368 |  |  | $ | 321,241 |
Acquired below-market leases, net, consisted of the following:
(amounts in thousands) | September 30, 2024 |  | December 31, 2023
Acquired below-market leases | $ | (53,148) |  |  | $ | (55,155) |
Less: accumulated amortization | 38,446 |  |  | 41,405 |
Acquired below-market leases, net | $ | (14,702) |  |  | $ | (13,750) |
Schedule of Amortization Related to Deferred Costs and Acquired Lease Intangibles | The total amortization related to deferred costs and acquired lease intangibles consisted of the following:
| Three Months Ended September 30, |  | Nine Months Ended September 30,
(amounts in thousands) | 2024 |  | 2023 |  | 2024 |  | 2023
Rental revenue: |  |  |  |  |  |  |
Amortization of below-market leases, net of above-market leases | $ | 476 |  |  | $ | 554 |  |  | $ | 1,503 |  |  | $ | 1,932 |
Depreciation and amortization: |  |  |  |  |  |  |
Amortization of deferred leasing costs and acquired deferred leasing costs | 5,930 |  |  | 5,850 |  |  | 16,948 |  |  | 17,747 |
Amortization related to acquired in-place lease value | 1,144 |  |  | 1,489 |  |  | 3,663 |  |  | 6,114 |

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- Definition Schedule of Amortizing Acquired Intangible Assets and Liabilities [Table Text Block] + References No definition available. + Details
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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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- Definition Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org/1943274/2147478964/842-20-50-4 + Details
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