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Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
Summary of intangible assets
At December 31, 2019 and 2018, intangible assets included the following (in thousands):
 
 
2019
 
2018
In-place leases, net of accumulated amortization of $163,867 and $125,130 in 2019 and 2018, respectively
 
$
202,760

 
$
105,964

Above-market tenant leases, net of accumulated amortization of $26,487 and $19,502 in 2019 and 2018, respectively
 
35,699

 
20,453

Below-market ground lease, net of accumulated amortization of $897 and $621 in 2019 and 2018, respectively
 
17,516

 
17,792

Goodwill
 
1,674

 
1,674

 
 
$
257,649

 
$
145,883


Aggregate amortization of intangible assets and liabilities Over the next five years and thereafter, aggregate amortization of these intangible assets and liabilities is anticipated to be as follows (in thousands):
 
Below Market
Rents
 
Above Market
Ground Lease
 
Below Market Ground Lease
 
Above Market
Rents
 
In Place Leases
 
Total
2020
$
(19,379
)
 
$
(46
)
 
$
276

 
$
8,036

 
$
54,126

 
$
43,013

2021
(14,201
)
 
(46
)
 
276

 
6,660

 
40,134

 
32,823

2022
(11,065
)
 
(46
)
 
276

 
5,267

 
27,944

 
22,376

2023
(9,365
)
 
(46
)
 
276

 
4,222

 
22,724

 
17,811

2024
(8,080
)
 
(46
)
 
276

 
3,339

 
17,827

 
13,316

Thereafter
(19,342
)
 
(1,443
)
 
16,136

 
8,175

 
40,005

 
43,531

 
$
(81,432
)
 
$
(1,673
)
 
$
17,516

 
$
35,699

 
$
202,760

 
$
172,870

Weighted average remaining lease term
7 years

 
36 years

 
65 years

 
7 years

 
7 years

 
10 years