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Intangibles (Tables)
9 Months Ended
Sep. 30, 2021
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 (dollars in thousands):
Intangible lease assetsSeptember 30,
2021
December 31,
2020
Gross intangible lease assets$823,362 $761,328 
Accumulated depreciation and amortization(303,027)(241,411)
Intangible assets, net(1)
$520,335 $519,917 
Weighted average remaining amortization period in years65
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(1)Excludes intangible assets reported in assets held for sale and discontinued operations, net of $25 million as of December 31, 2020.
Schedule of Intangible Lease Liabilities
Intangible liabilities consist of below market lease intangibles. The following table summarizes the Company’s intangible lease liabilities (dollars in thousands):
Intangible lease liabilitiesSeptember 30,
2021
December 31,
2020
Gross intangible lease liabilities$208,031 $194,565 
Accumulated depreciation and amortization(64,027)(50,366)
Intangible liabilities, net$144,004 $144,199 
Weighted average remaining amortization period in years88