v3.26.1
DEFERRED COSTS AND INTANGIBLES, NET (Tables)
 6 Months Ended
Jun. 30, 2026
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
Schedule of Deferred Costs As of June 30, 2026 and December 31, 2025, deferred costs consisted of the following (in thousands):
June 30, 2026December 31, 2025
Acquired lease intangible assets$231,506 $260,108 
Deferred leasing costs and other92,465 91,550 
 323,971 351,658 
Less: accumulated amortization(145,798)(167,017)
$178,173 $184,641 
Less: deferred costs associated with investment properties held for sale— (3,088)
Deferred costs, net$178,173 $181,553 
Schedule of Amortization of Deferred Costs The amounts of such amortization included in the accompanying consolidated statements of operations and comprehensive income are as follows (in thousands):
 Six Months Ended June 30,
20262025
Amortization of deferred leasing costs, lease intangibles and other$20,913 $35,742 
Amortization of above-market lease intangibles$2,260 $4,221 
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 (in thousands):
Six Months Ended June 30,
20262025
Amortization of debt issuance costs$3,561 $3,333