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Intangible Liabilities, Net
 9 Months Ended
Sep. 30, 2023
Intangible Lease Liabilities, Net [Abstract]  
Intangible Liabilities, Net Intangible Liabilities, Net
Intangible liabilities, net, consisted of the following as of September 30, 2023 and December 31, 2022 (amounts in thousands, except weighted average remaining life amounts):
September 30, 2023December 31, 2022
Below-market leases, net of accumulated amortization of $7,043 and $5,923, respectively (with a weighted average remaining life of 7.6 years and 8.4 years, respectively)
$10,826 $11,946 
Amortization of below-market leases was $373,000 and $373,000 for the three months ended September 30, 2023 and 2022, respectively, and $1,120,000 and $1,106,000 for the nine months ended September 30, 2023 and 2022, respectively. Amortization of below-market leases is recorded as an adjustment to rental revenue in the accompanying condensed consolidated statements of comprehensive income.