v3.26.1
INTANGIBLES (Tables)
6 Months Ended
Jun. 30, 2026
Intangible Assets, Intangible Liabilities, And Goodwill Disclosure [Abstract]  
Schedule of Intangibles
The following is a summary of our intangibles (dollars in thousands):

 
As of June 30, 2026
As of December 31, 2025
 
Balance
Weighted Average Remaining Amortization Period in Years
Balance
Weighted Average Remaining Amortization Period in Years
Intangible assets:
 
 
 
 
Above-market lease intangibles (1)
$
118,459 
3.9
$
120,178 
4.0
In-place lease and other real estate intangibles (2)
1,819,063 
5.3
1,560,389 
7.0
Acquired lease intangibles
1,937,522 
1,680,567 
Goodwill
1,045,816 
n/a
1,046,072 
n/a
Other intangibles (2)
41,209 
56.5
41,261 
48.0
Accumulated amortization
(1,475,052)
n/a
(1,374,077)
n/a
Net intangible assets
$
1,549,495 
6.2
$
1,393,823 
8.1
Intangible liabilities:
 
 
 
Below-market lease intangibles (1)
$
246,036 
13.4
$
246,153 
13.1
Other lease intangibles
13,498 
n/a
13,498 
n/a
Accumulated amortization
(202,832)
n/a
(198,762)
n/a
Purchase option intangibles
3,568 
n/a
3,568 
n/a
Net intangible liabilities
$
60,270 
13.4
$
64,457 
13.1
______________________________
(1)     Amortization of above- and below-market lease intangibles is recorded as a decrease and an increase to revenues, respectively, in our Consolidated Statements of Income.
(2)     Amortization of intangibles is recorded in Depreciation and amortization in our Consolidated Statements of Income.
n/a—not applicable