Deferred Costs, Acquired Lease Intangibles and Goodwill (Tables)

12 Months Ended

Dec. 31, 2020

Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]

Schedule of Deferred Costs, Net

Deferred costs, net, consisted of the following at December 31, 2020 and 2019 (amounts in thousands):      

	2020		2019
Leasing costs	$	203,905	$	199,033
Acquired in-place lease value and deferred leasing costs	181,336		200,296
Acquired above-market leases	40,398		49,213
	425,639		448,542
Less: accumulated amortization	(223,918)		(224,598)
Total deferred costs, net, excluding net deferred financing costs	$	201,721	$	223,944

Deferred financing costs, net, consisted of the following at December 31, 2020 and 2019 (amounts in thousands):     

	2020		2019
Financing costs	$	35,365	$	25,315
Less: accumulated amortization	(17,998)		(13,863)
Total deferred financing costs, net	$	17,367	$	11,452

Schedule of Amortizing Acquired Intangible Assets and Liabilities

Amortizing acquired intangible assets and liabilities consisted of the following at December 31, 2020 and 2019 (amounts in thousands):     

	2020		2019
Acquired below-market ground leases	$	396,916	$	396,916
Less: accumulated amortization	(52,181)		(44,350)
Acquired below-market ground leases, net	$	344,735	$	352,566

    

	2020		2019
Acquired below-market leases	$	(78,451)	$	(100,472)
Less: accumulated amortization	46,746		60,793
Acquired below-market leases, net	$	(31,705)	$	(39,679)

Schedule of Future Amortization Expense and Rental Revenue from Acquired Intangible Assets

We expect to recognize amortization expense and rental revenue from the acquired intangible assets and liabilities as follows (amounts in thousands):

For the year ending:	Future Ground Rent Amortization		Future Amortization Expense		Future Rental Revenue
2021	$	7,831	$	10,977	$	2,850
2022	7,831		10,175		3,169
2023	7,831		9,622		3,129
2024	7,831		7,757		2,566
2025	7,831		6,652		2,558
Thereafter	305,580		16,740		4,082
	$	344,735	$	61,923	$	18,354