Intangibles (Tables)

6 Months Ended

Jun. 30, 2020

Intangibles [Abstract]

Schedule of Intangible Lease Assets

Intangible assets primarily consist of lease-up intangibles and above market tenant lease intangibles. The following table summarizes the Company’s intangible lease assets (in thousands):

Intangible lease assets	June 30, 2020			December 31, 2019
Gross intangible lease assets	$	788,731		$	615,538
Accumulated depreciation and amortization	(251,176		)	(283,845		)
Intangible assets, net	$	537,555		$	331,693

Schedule of Intangible Lease Liabilities

Intangible liabilities primarily consist of below market lease intangibles. The following table summarizes the Company’s intangible lease liabilities (in thousands):

Intangible lease liabilities	June 30, 2020			December 31, 2019
Gross intangible lease liabilities	$	154,378		$	113,213
Accumulated depreciation and amortization	(43,646		)	(38,222		)
Intangible liabilities, net	$	110,732		$	74,991