Intangible Assets and Below Market Lease Liabilities (Tables)

3 Months Ended

Mar. 31, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

Total Intangible Assets and Below Market Lease Liabilities

The following table sets forth total intangible assets and acquisition-related below market lease liabilities, net of accumulated amortization:

	March 31, 2020			December 31, 2019
Assets:
Deferred leasing costs (including lease incentives and above market lease and in-place lease acquisition-related intangible assets)	$	371,696		$	377,472
Less accumulated amortization	(146,438		)	(146,125		)
	$	225,258		$	231,347
Liabilities (in accounts payable, accrued expenses and other liabilities):
Acquisition-related below market lease liabilities	$	65,292		$	65,971
Less accumulated amortization	(34,900		)	(34,014		)
	$	30,392		$	31,957

Amortization of Intangible Assets and Below Market Lease Liabilities

The following table sets forth amortization of intangible assets and below market lease liabilities:

	Three Months Ended March 31,
	2020			2019
Amortization of deferred leasing costs and acquisition-related intangible assets (in depreciation and amortization)	$	8,798		$	10,315
Amortization of lease incentives (in rental and other revenues)	$	490		$	2,848
Amortization of acquisition-related intangible assets (in rental and other revenues)	$	288		$	357
Amortization of acquisition-related intangible assets (in rental property and other expenses)	$	139		$	137
Amortization of acquisition-related below market lease liabilities (in rental and other revenues)	$	(1,566	)	$	(1,653	)

Scheduled Future Amortization of Intangible Assets and Below Market Lease Liabilities

The following table sets forth scheduled future amortization of intangible assets and below market lease liabilities:

	Amortization of Deferred Leasing Costs and Acquisition-Related Intangible Assets (in Depreciation and Amortization)		Amortization of Lease Incentives (in Rental and Other Revenues)		Amortization of Acquisition-Related Intangible Assets (in Rental and Other Revenues)		Amortization of Acquisition-Related Intangible Assets (in Rental Property and Other Expenses)		Amortization of Acquisition-Related Below Market Lease Liabilities (in Rental and Other Revenues)
April 1 through December 31, 2020	$	28,126	$	1,231	$	807	$	371	$	(4,391	)
2021	33,372		1,386		777		—		(5,013		)
2022	29,147		1,176		608		—		(3,982		)
2023	25,709		1,094		454		—		(3,607		)
2024	22,696		952		380		—		(2,939		)
Thereafter	70,546		4,253		2,173		—		(10,460		)
	$	209,596	$	10,092	$	5,199	$	371	$	(30,392	)
Weighted average remaining amortization periods as of March 31, 2020 (in years)	8.4		9.2		9.4		0.7		8.7