The following summarizes our identified intangible assets (primarily in-place and above-market leases) and liabilities (primarily below-market leases).


(Amounts in thousands)	Balance as of
	June 30, 2025		December 31, 2024
Identified intangible assets:
Gross amount	$	193,217	$	193,217
Accumulated amortization	(78,836)		(75,002)
Total, net	$	114,381	$	118,215
Identified intangible liabilities (included in other liabilities):
Gross amount	$	134,499	$	134,499
Accumulated amortization	(112,127)		(110,982)
Total, net	$	22,372	$	23,517

Amortization of acquired below-market leases, net of acquired above-market leases, resulted in an increase to rental revenues of $96,000 and $1,217,000 for the three months ended June 30, 2025 and 2024, respectively, and $184,000 and $1,910,000 for the six months ended June 30, 2025 and 2024, respectively.

Amortization of all other identified intangible assets (a component of depreciation and amortization expense) was $1,422,000 and $1,989,000 for the three months ended June 30, 2025 and 2024, respectively, and $2,873,000 and $3,700,000 for the six months ended June 30, 2025 and 2024, respectively.