v3.26.3
Intangible Assets and Liabilities (Tables)
9 Months Ended
Sep. 30, 2026
Intangible Asset, Goodwill and Other [Abstract]  
Schedule of finite-lived intangible assets and liabilities The following table summarizes the Company’s intangible assets and liabilities:
As ofGross Asset
(Liability)
Accumulated AmortizationNet
Carrying
Amount
(in thousands)
September 30, 2026:
In-place lease intangibles
$71,453 $(51,467)$19,986 
Above-market leases
4,324 (920)3,404 
 Sub total - Lease intangible assets75,777 (52,387)23,390 
Other intangibles(1,164)623 (541)
Below-market leases
(44,219)19,248 (24,971)
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 assets63,027 (46,614)16,413 
Other intangibles(1,139)564 (575)
Below-market leases
(36,135)16,377 (19,758)
Schedule of future amortization
Future amortization/accretion of these intangibles is below (in thousands):
Year Ending December 31,In-place lease
intangibles
Above-market
leases
Other intangiblesBelow-market
leases
2026-Remaining$2,038 $138 $(64)$(1,146)
20276,453 514 (208)(4,078)
20284,062 474 (142)(3,227)
20292,691 454 (58)(2,768)
20301,767 413 (33)(2,484)
Thereafter
2,975 1,411 (36)(11,268)
Total
$19,986 $3,404 $(541)$(24,971)