v3.25.2
DEFERRED COSTS AND INTANGIBLES, NET (Tables)
 6 Months Ended
Jun. 30, 2025
Deferred Costs [Abstract]  
Schedule of Deferred Costs As of June 30, 2025 and December 31, 2024, deferred costs consisted of the following (in thousands):
June 30, 2025December 31, 2024
Acquired lease intangible assets$299,106 $357,674 
Deferred leasing costs and other90,183 89,762 
 389,289 447,436 
Less: accumulated amortization(177,535)(206,589)
$211,754 $240,847 
Less: deferred costs associated with investment properties held for sale(3,071)(2,634)
Deferred costs, net$208,683 $238,213 
Schedule of Amortization of Deferred Costs The amounts of such amortization included in the accompanying consolidated statements of operations and comprehensive income (loss) are as follows (in thousands):
 Six Months Ended June 30,
20252024
Amortization of deferred leasing costs, lease intangibles and other$35,742 $40,850 
Amortization of above-market lease intangibles$4,221 $5,177 
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 (loss) (in thousands):
Six Months Ended June 30,
20252024
Amortization of debt issuance costs$3,333 $1,916