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Deferred Costs, Acquired Lease Intangibles and Goodwill (Tables)
 12 Months Ended
Dec. 31, 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)December 31, 2024December 31, 2023
Deferred leasing costs$230,836 $224,295 
Acquired in-place lease value, acquired deferred leasing costs and deferred acquisition costs137,580 158,267 
Acquired above-market leases19,636 23,918 
Total deferred costs, excluding deferred financing costs388,052 406,480 
Less: accumulated amortization(212,972)(236,900)
Total deferred costs, net, excluding net deferred financing costs175,080 169,580 
Deferred financing costs associated with the unsecured revolving credit facility, net of accumulated amortization of $7,783 and $5,709, respectively (See Note 5) and other deferred financing costs
8,907 2,877 
Total deferred costs, net$183,987 $172,457 
Deferred financing costs, net, consisted of the following:
(amounts in thousands)December 31, 2024December 31, 2023
Deferred financing costs, included as a component of net debt$36,309 $34,887 
Deferred financing costs, included as a component of net deferred costs (See Note 4)16,638 8,586 
Total deferred financing costs52,947 43,473 
Less: accumulated amortization(33,970)(31,108)
Total deferred financing costs, net$18,977 $12,365 
Schedule of Amortizing Acquired Intangible Assets and Liabilities
Acquired below-market ground leases, net, consisted of the following:
(amounts in thousands)December 31, 2024December 31, 2023
Acquired below-market ground leases$396,916 $396,916 
Less: accumulated amortization(83,506)(75,675)
Acquired below-market ground leases, net$313,410 $321,241 
Acquired below-market leases, net, consisted of the following:    
(amounts in thousands)December 31, 2024December 31, 2023
Acquired below-market leases$(56,359)$(55,155)
Less: accumulated amortization36,862 41,405 
Acquired below-market leases, net$(19,497)$(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:
Year Ended December 31,
(amounts in thousands)202420232022
Rental revenue:
Amortization of below-market leases, net of above-market leases$2,177 $2,415 $4,759 
Depreciation and amortization:
Amortization of deferred leasing costs and acquired deferred leasing costs22,469 23,612 25,448 
Amortization related to acquired in-place lease value5,196 7,421 11,839 
Schedule of Remaining Weighted Average Amortization Period for Intangible Assets
The remaining weighted-average amortization periods as of December 31, 2024 are:
Weighted-average amortization period
Below-market ground leases
42.6 years
Above-market leases
5.8 years
In-place leases and deferred leasing costs
5.8 years
Below-market leases
6.0 years
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 AmortizationFuture Amortization ExpenseFuture Rental Revenue
2025$7,831 $8,159 $3,513 
20267,831 6,999 2,110 
20277,831 6,057 1,551 
20287,831 5,265 1,360 
20297,831 3,172 516 
Thereafter274,255 4,395 3,389 
$313,410 $34,047 $12,439