XML 51 R35.htm IDEA: XBRL DOCUMENT v3.22.4
Intangibles (Tables)
12 Months Ended
Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
Summary of intangible assets and liabilities
The following table summarizes the Company’s intangible assets and liabilities:
 As of December 31, 2022As of December 31, 2021
Gross Asset (Liability)Accumulated (Amortization)/ AccretionNet Carrying AmountGross Asset (Liability)Accumulated (Amortization)/ AccretionNet Carrying Amount
 
thousands
Intangible Assets:      
Other intangibles (a)$34,123 $(9,110)$25,013 $34,123 $(5,834)$28,289 
Goodwill   1,307 — 1,307 
Indefinite lived intangibles157  157 157 — 157 
Tenant leases:
In-place value57,087 (17,391)39,696 63,249 (19,024)44,225 
Above-market500 (446)54 1,951 (1,790)161 
Below-market(4,255)3,512 (743)(4,729)3,539 (1,190)
Total indefinite lived intangibles$157 $1,464 
Total amortizing intangibles$64,020 $71,485 
(a)Primarily associated with the Company’s Las Vegas Aviators Triple-A professional baseball team
Schedule of future net amortization and accretion expense
Future net amortization and accretion expense is estimated for each of the five succeeding years as shown below:
thousands20232024202520262027
Net amortization and accretion expense$7,076 $7,080 $7,240 $7,212 $6,933