Intangibles

12 Months Ended

Dec. 31, 2021

Goodwill and Intangible Assets Disclosure [Abstract]

Intangibles

Intangibles

The gross carrying amount and accumulated amortization of the Company’s intangible assets and liabilities consisted of the following ($ in thousands):

	December 31, 2021		December 31, 2020
Intangible assets
In-place lease intangibles	$	1,920,331	$	1,094,561
Indefinite life intangibles	104,182		10,082
Above-market lease intangibles	60,383		49,261
Other intangibles	69,634		22,467
Total intangible assets	2,154,530		1,176,371
Accumulated amortization
In-place lease amortization	(628,163)		(407,256)
Above-market lease amortization	(22,993)		(20,291)
Other intangibles amortization	(15,938)		(10,565)
Total accumulated amortization	(667,094)		(438,112)
Intangible assets, net	$	1,487,436	$	738,259
Intangible liabilities
Below-market lease intangibles	$	377,132	$	194,158
Total intangible liabilities	377,132		194,158
Accumulated amortization
Below-market lease amortization	(88,489)		(65,519)
Total accumulated amortization	(88,489)		(65,519)
Intangible liabilities, net	$	288,643	$	128,639

The estimated future amortization on the Company’s intangibles for each of the next five years and thereafter as of December 31, 2021 is as follows ($ in thousands):

	In-place Lease Intangibles		Above-market Lease Intangibles		Other Intangibles		Below-market Lease Intangibles
2022	$	665,457	$	11,343	$	8,238	$	(65,194)
2023	190,822		6,900		7,495		(56,317)
2024	129,057		4,879		7,203		(46,840)
2025	94,403		3,780		7,194		(38,718)
2026	69,979		3,037		6,880		(29,481)
Thereafter	142,450		7,451		16,686		(52,093)
	$	1,292,168	$	37,390	$	53,696	$	(288,643)