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Intangible Assets
9 Months Ended
Sep. 30, 2021
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets Intangible Assets
Intangible assets consist of lease intangibles for leases acquired with lease rates above market in a business combination. The following table summarizes the amortization of intangible assets as of September 30, 2021 (in thousands):
Years ending December 31,Total Intangible Assets
2021$3,709 
2022$10,497 
2023$4,657 
2024$1,963 
Total$20,826 
Amortization expense related to intangible assets was $3.9 million and $12.8 million for the three and nine months ended September 30, 2021, respectively, and $5.4 million and $17.3 million for the three and nine months ended September 30, 2020, respectively.