Internal gravity waves are an essential feature of flows stratified media, such as oceans and atmospheres. To investigate their dynamics, we perform simulations of the forced-dissipated kinetic equation describing the evolution of the energy spectrum of weakly nonlinear internal gravity waves. During the early evolution, the three well-known non-local interactions, the Elastic Scattering, the Induced-Diffusion, and the Parametric Sub-Harmonic Instability, together with the Super-Harmonic Instability play a prominent role. In contrast, local interactions are responsible for anisotropic energy cascade on longer time scales. We reveal emergence of a condensate at small horizontal wavevectors that can be interpreted as a pure wave-wave interaction-mediated layering process. We also observe the dynamical formation of an energy spectrum compatible with the Garrett-Munk prediction.