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Acquired In-Place Leases (Tables)
12 Months Ended
Dec. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Finite-Lived Intangible Assets [Table Text Block] The following is a summary of our acquired lease assets and liabilities:
December 31, 2021December 31, 2020
CostAccumulated AmortizationCostAccumulated Amortization
(in thousands)
Above market leases, lessor$46,951 $(33,617)$43,560 $(31,661)
Below market leases, lessee34,604 (5,019)34,604 (4,190)
    Total$81,555 $(38,636)$78,164 $(35,851)
Below market leases, lessor$(230,059)$78,327 $(174,582)$68,286 
Above market leases, lessee(10,347)2,654 (9,084)2,116 
    Total$(240,406)$80,981 $(183,666)$70,402 
Finite-lived Intangible Assets Amortization Expense [Table Text Block] The following is a summary of acquired lease amortization:
Year Ended December 31,
202120202019
(in thousands)
Amortization of above market leases, lessor$(3,150)$(4,060)$(3,239)
Amortization of below market leases, lessor11,897 8,406 9,623 
    Net increase in rental income$8,747 $4,346 $6,384 
Amortization of below market leases, lessee$828 $828 $828 
Amortization of above market leases, lessee(538)(525)(525)
    Net increase in rental expense$290 $303 $303 
The following is a summary of the remaining weighted average amortization period for our acquired lease assets and acquired lease liabilities:
December 31, 2021
Above market leases, lessor3.2 years
Below market leases, lessee37.6 years
Below market leases, lessor18.1 years
Above market leases, lessee17.6 years
Amortization for acquired in-place leases during the next five years and thereafter The amortization for acquired leases during the next five years and thereafter, assuming no early lease terminations, is as follows:
Acquired Lease AssetsAcquired Lease Liabilities
 (In thousands)
Year ending December 31,
2022$3,674 $13,541 
20233,446 12,962 
20243,139 12,450 
20252,126 8,984 
20261,931 8,622 
Thereafter28,603 102,866 
$42,919 $159,425