The gross carrying amount and accumulated amortization of the Company’s identified intangible lease assets consisted of the following ($ in thousands):


Intangible lease assets	December 31, 2025			December 31, 2024
In-place lease intangibles	$	483,790		$	203,574
Condominium interest		7,492			7,492
Total intangible lease assets		491,282			211,066
Accumulated amortization
In-place lease intangibles		(23,082	)		(3,492	)
Intangible lease assets, net	$	468,200		$	207,574

The estimated future amortization of the Company’s in-place intangible lease assets for each of the next five years and thereafter as of December 31, 2025 is as follows ($ in thousands):


Year	Amount
2026	$	29,795
2027		29,800
2028		29,800
2029		29,800
2030		28,671
Thereafter		312,842
Total	$	460,708