XML 35 R24.htm IDEA: XBRL DOCUMENT

Intangible Assets and Liabilities (Tables)

6 Months Ended

Jun. 30, 2024

Intangible Assets And Liabilities

Schedule of Intangible Assets And Liabilities

Intangible assets and liabilities are summarized as follows (amounts in thousands):

		June 30, 2024												December 31, 2023
		Gross Carrying Amount				Accumulated Amortization				Net Carrying Amount				Gross Carrying Amount				Accumulated Amortization				Net Carrying Amount
		(unaudited)				(unaudited)				(unaudited)
Finite-Lived Intangible Assets
In-place leases		$	2,871			$	(1,128	)		$	1,743			$	3,513			$	(1,699	)		$	1,814
Indefinite-Lived Intangible Assets
Development rights			5,659				—				5,659				5,659				—				5,659
Total intangible assets		$	8,530			$	(1,128	)		$	7,402			$	9,172			$	(1,699	)		$	7,473

Finite-Lived Intangible Liabilities
Below-market leases		$	(1,743	)		$	475			$	(1,268	)		$	(2,100	)		$	776			$	(1,324	)
Total intangible liabilities		$	(1,743	)		$	475			$	(1,268	)		$	(2,100	)		$	776			$	(1,324	)