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Lease Income
3 Months Ended
Mar. 31, 2020
Lease Income  
Lease Income

9. Lease Income

Fixed lease income under our operating leases includes fixed minimum lease consideration and fixed common area maintenance, or CAM, reimbursements recorded on a straight-line basis.  Variable lease income includes consideration based on sales, as well as reimbursements for real estate taxes, utilities, marketing, and certain other items.

For the Three Months Ended

March 31, 

2020

2019

    

Fixed lease income

$

1,054,956

$

1,081,560

Variable lease income

 

207,276

198,498

Total lease income

$

1,262,232

$

1,280,058