v3.25.1
DEFERRED COSTS AND INTANGIBLES, NET (Tables)
 3 Months Ended
Mar. 31, 2025
Deferred Costs [Abstract]  
Schedule of Deferred Costs As of March 31, 2025 and December 31, 2024, deferred costs consisted of the following (in thousands):
March 31, 2025December 31, 2024
Acquired lease intangible assets$324,784 $357,674 
Deferred leasing costs and other90,620 89,762 
 415,404 447,436 
Less: accumulated amortization(182,371)(206,589)
$233,033 $240,847 
Less: deferred costs associated with investment properties held for sale(2,746)(2,634)
Deferred costs, net$230,287 $238,213 
Schedule of Amortization of Deferred Costs The amounts of such amortization included in the accompanying consolidated statements of operations and comprehensive income are as follows (in thousands):
 Three Months Ended March 31,
20252024
Amortization of deferred leasing costs, lease intangibles and other$18,081 $21,278 
Amortization of above-market lease intangibles$1,954 $2,704 
The following amounts of amortization of debt issuance costs are included as a component of “Interest expense” in the accompanying consolidated statements of operations and comprehensive income (in thousands):
Three Months Ended March 31,
20252024
Amortization of debt issuance costs$1,644 $929