Intangible Assets and Liabilities (Tables)

3 Months Ended

Mar. 31, 2026

The following table summarizes the Company’s intangible assets and liabilities:


As of	Gross Asset (Liability)		Accumulated Amortization		Net Carrying Amount
			(in thousands)
March 31, 2026:
In-place lease intangibles	$	63,067	$	(47,717)	$	15,350
Above-market leases	2,699		(723)		1,976
Sub total - Lease intangible assets	65,766		(48,440)		17,326
Other intangibles	(1,040)		527		(513)
Below-market leases	(38,113)		17,294		(20,819)

December 31, 2025:
In-place lease intangibles	$	60,564	$	(45,973)	$	14,591
Above-market leases	2,463		(641)		1,822
Sub total - Lease intangible assets	63,027		(46,614)		16,413
Other intangibles	(1,139)		564		(575)
Below-market leases	(36,135)		16,377		(19,758)

Future amortization/accretion of these intangibles is below (in thousands):