INTANGIBLES

3 Months Ended

Mar. 31, 2024

Intangible Assets, Intangible Liabilities, And Goodwill Disclosure [Abstract]

INTANGIBLES

NOTE 8—INTANGIBLES

The following is a summary of our intangibles (dollars in thousands):

	As of March 31, 2024			As of December 31, 2023
	Balance		Weighted Average Remaining Amortization Period in Years	Balance		Weighted Average Remaining Amortization Period in Years
Intangible assets:
Above-market lease intangibles (1)	$	129,730	4.6	$	130,371	4.8
In-place and other lease intangibles (2)	1,310,392		9.1	1,317,775		8.3
Goodwill	1,045,048		N/A	1,045,176		N/A
Other intangibles (2)	34,405		4.6	34,440		4.8
Accumulated amortization	(1,221,231)		N/A	(1,189,817)		N/A
Net intangible assets	$	1,298,344	8.7	$	1,337,945	8.0
Intangible liabilities:
Below-market lease intangibles (1)	$	306,197	8.0	$	306,499	8.1
Other lease intangibles	13,498		N/A	13,498		N/A
Accumulated amortization	(244,169)		N/A	(241,600)		N/A
Purchase option intangibles	3,568		N/A	3,568		N/A
Net intangible liabilities	$	79,094	8.0	$	81,965	8.1

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(1)     Amortization of above- and below-market lease intangibles is recorded as a decrease and an increase to revenues, respectively, in our Consolidated Statements of Income.

(2)     Amortization of lease intangibles is recorded in depreciation and amortization in our Consolidated Statements of Income.

N/A—Not Applicable

Above-market lease intangibles and in-place and other lease intangibles are included in acquired lease intangibles within real estate investments on our Consolidated Balance Sheets. Other intangibles (including non-compete agreements, trade names and trademarks) are included in other assets on our Consolidated Balance Sheets. Below-market lease intangibles, other lease intangibles and purchase option intangibles are included in accounts payable and other liabilities on our Consolidated Balance Sheets.