v3.25.1
IDENTIFIED INTANGIBLE ASSETS AND LIABILITIES (Tables)
3 Months Ended
Mar. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Estimated Annual Amortization Expense
The following table sets forth the estimated annual amortization income and expense related to acquired intangible assets and liabilities for the remainder of 2025 and the five succeeding years:
(Amounts in thousands)Below-MarketAbove-MarketIn-Place Lease
YearOperating Lease AmortizationOperating Lease AmortizationAmortization
2025(1)
$8,855 $(2,053)$(16,070)
202611,342 (1,254)(15,953)
202711,204 (1,023)(13,181)
202811,044 (990)(11,444)
202910,736 (931)(9,906)
203010,457 (280)(7,061)
(1) Remainder of 2025