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Acquired Lease Intangibles
9 Months Ended
Sep. 30, 2020
Goodwill and Intangible Assets Disclosure [Abstract]  
Acquired Lease Intangibles Acquired Lease Intangibles
Summary of our Acquired Lease Intangibles

 (In thousands)September 30, 2020December 31, 2019
Above-market tenant leases$6,949 $7,220 
Above-market tenant leases - accumulated amortization(2,427)(1,741)
Above-market ground lease where we are the lessor1,152 1,152 
Above-market ground lease - accumulated amortization(237)(224)
Acquired lease intangible assets, net$5,437 $6,407 
Below-market tenant leases$95,923 $102,583 
Below-market tenant leases - accumulated accretion(57,062)(50,216)
Acquired lease intangible liabilities, net$38,861 $52,367 
    

Impact on the Consolidated Statements of Operations

The table below summarizes the net amortization/accretion related to our above- and below-market leases:

 Three Months Ended September 30,Nine Months Ended September 30,
 (In thousands)2020201920202019
Net accretion of above- and below-market tenant lease assets and liabilities(1)
$3,970 $4,009 $12,549 $12,533 
Amortization of an above-market ground lease asset(2)
(5)(6)(13)(14)
Total$3,965 $4,003 $12,536 $12,519 
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(1)    Recorded as a net increase to office and multifamily rental revenues.
(2)    Recorded as a decrease to office parking and other income.