ACQUIRED IN-PLACE LEASES AND ABOVE/BELOW MARKET LEASES (Tables)

9 Months Ended

Sep. 30, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Acquired Lease Intangibles Included in Other Assets and Other Liabilities

The following summarizes our acquired lease intangibles and leasing costs, which are included in other assets and other liabilities and deferred credits, as of September 30, 2023 and December 31, 2022 (in thousands):

	September 30, 2023		December 31, 2022
In-place leases	$	57,292	$	58,119
Accumulated amortization	(37,527)		(34,593)
Above market leases	1,885		1,885
Accumulated amortization	(1,809)		(1,778)
Acquired lease intangible assets, net	$	19,841	$	23,633
Below market leases	$	52,417	$	52,832
Accumulated accretion	(35,121)		(33,168)
Acquired lease intangible liabilities, net	$	17,296	$	19,664