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Intangible Assets and Below Market Leaes Liabilities
12 Months Ended
Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Assets and Below Market Lease Liabilities 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:
December 31,
20222021
Assets:
Deferred leasing costs (including lease incentives and above market lease and in-place lease acquisition-related intangible assets)
$416,579 $402,013 
Less accumulated amortization(163,751)(143,111)
$252,828 $258,902 
Liabilities (in accounts payable, accrued expenses and other liabilities):
Acquisition-related below market lease liabilities$55,304 $57,703 
Less accumulated amortization(29,859)(28,978)
$25,445 $28,725 

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

Year Ended December 31,
202220212020
Amortization of deferred leasing costs and acquisition-related intangible assets (in depreciation and amortization)
$44,900 $38,173 $34,401 
Amortization of lease incentives (in rental and other revenues)$2,090 $1,885 $1,847 
Amortization of acquisition-related intangible assets (in rental and other revenues)
$3,320 $1,932 $1,137 
Amortization of acquisition-related intangible assets (in rental property and other expenses)
$— $— $510 
Amortization of acquisition-related below market lease liabilities (in rental and other revenues)
$(5,452)$(5,720)$(6,031)

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

Years Ending December 31,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 Below Market Lease Liabilities (in Rental and Other Revenues)
2023$42,303 $2,097 $3,302 $(4,888)
202436,899 1,677 3,088 (4,219)
202529,903 1,598 2,220 (2,729)
202625,642 1,397 1,860 (2,514)
202721,893 1,210 1,518 (2,112)
Thereafter67,139 3,484 5,598 (8,983)
$223,779 $11,463 $17,586 $(25,445)
Weighted average remaining amortization periods as of December 31, 2022 (in years)7.87.77.68.4
The following table sets forth the intangible assets acquired and below market lease liabilities assumed as a result of the acquisition of SIX50 at Legacy Union in Charlotte:

Acquisition-Related Intangible Assets (amortized in Rental and Other Revenues)Acquisition-Related Intangible Assets (amortized in Depreciation and Amortization)Acquisition-Related Below Market Lease Liabilities (amortized in Rental and Other Revenues)
Amount recorded at acquisition$4,722 $12,606 $(2,172)
Weighted average remaining amortization periods as of December 31, 2022 (in years)8.89.612.5