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ACQUIRED IN-PLACE LEASES AND ABOVE/BELOW MARKET LEASES
3 Months Ended
Mar. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
ACQUIRED IN-PLACE LEASES AND ABOVE/BELOW MARKET LEASES ACQUIRED IN-PLACE LEASES AND ABOVE/BELOW MARKET LEASES
The following summarizes our acquired lease intangibles and leasing costs, which are included in other assets and other liabilities and deferred credits, as of March 31, 2022 and December 31, 2021 (in thousands):
March 31, 2022December 31, 2021
In-place leases$68,803 $67,215 
Accumulated amortization(40,389)(38,130)
Above market leases2,532 2,532 
Accumulated amortization(2,394)(2,383)
Acquired lease intangible assets, net$28,552 $29,234 
Below market leases$59,266 $58,655 
Accumulated accretion(37,093)(36,253)
Acquired lease intangible liabilities, net$22,173 $22,402