v3.24.2
Intangibles (Tables)
 6 Months Ended
Jun. 30, 2024
Intangibles [Abstract]  
Schedule of Intangible Lease Assets
Intangible assets primarily consist of lease-up intangibles and above market lease intangibles. The following table summarizes the Company’s intangible lease assets (dollars in thousands):
Intangible lease assetsJune 30,
2024		December 31,
2023
Gross intangible lease assets(1)
$1,611,677 $739,228 
Accumulated depreciation and amortization(2)
(535,590)(425,072)
Intangible assets, net$1,076,087 $314,156 
Weighted average remaining amortization period in years55
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(1)As of June 30, 2024 and December 31, 2023, includes $1.56 billion and $725 million, respectively, of gross lease-up intangibles and $53 million and $14 million, respectively, of gross above market lease intangibles.
(2)As of June 30, 2024 and December 31, 2023, includes $525 million and $418 million, respectively, of accumulated depreciation and amortization on lease-up intangibles and $11 million and $7 million, respectively, of accumulated depreciation and amortization on above market lease intangibles.
Schedule of Intangible Lease Liabilities
Intangible liabilities consist of below market lease intangibles. The following table summarizes the Company’s intangible lease liabilities (dollars in thousands):
Intangible lease liabilitiesJune 30,
2024		December 31,
2023
Gross intangible lease liabilities$374,084 $228,105 
Accumulated depreciation and amortization(146,714)(100,725)
Intangible liabilities, net$227,370 $127,380 
Weighted average remaining amortization period in years97
Schedule of Goodwill Segments At June 30, 2024 and December 31, 2023, goodwill was allocated to the Company’s segment assets as follows (in thousands):
Segment
June 30,
2024		December 31,
2023
Outpatient medical
$61,314 $14,178 
CCRC
1,998 1,998 
Other non-reportable
1,851 1,851 
$65,163 $18,027