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Intangible Assets and Liabilities
 9 Months Ended
Sep. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
INTANGIBLE ASSETS AND LIABILITIES INTANGIBLE ASSETS AND LIABILITIES
At September 30, 2023 and December 31, 2022, intangible assets included the following ($ in thousands):
20232022
In-place leases, net of accumulated amortization of $132,411 and $131,021
in 2023 and 2022, respectively
$84,762 $102,080 
Below-market ground leases, net of accumulated amortization of $2,160 and
$1,860 in 2023 and 2022, respectively
17,092 17,393 
Above-market leases, net of accumulated amortization of $24,273 and $25,085
in 2023 and 2022, respectively
12,564 15,093 
      Goodwill1,674 1,674 
$116,092 $136,240 

At September 30, 2023 and December 31, 2022, intangible liabilities were the following ($ in thousands):
20232022
Below-market leases, net of accumulated amortization of $49,540 and $48,994 in 2023 and 2022, respectively
$44,295 $52,280 
The amortization of the above asset and liabilities are recorded as follows ($ in thousands):
Three Months Ended September 30,Nine Months Ended September 30,
2023202220232022
Revenues:
Rental property revenues, net (Below-market and Above-market leases)$1,371 $1,538 $5,455 $4,979 
Expenses:
Depreciation and amortization (In-place leases)4,849 7,274 17,319 21,664 
Rental property operating and other expenses (Below-market ground leases)100 100 300 310 

Over the next five years and thereafter, aggregate amortization of these intangible assets and liabilities is anticipated to be as follows ($ in thousands):
In-Place 
Leases		Below-Market Ground LeasesAbove-Market LeasesBelow-Market
Leases
2023 (three months)$4,531 $100 $646 $(2,104)
202417,069 400 2,425 (8,234)
202514,782 400 2,119 (7,728)
202612,382 400 1,726 (6,509)
20279,799 400 1,317 (4,973)
Thereafter26,199 15,392 4,331 (14,747)
$84,762 $17,092 $12,564 $(44,295)