Leases (Tables)

9 Months Ended

Sep. 30, 2022

Leases

Schedule of future minimum lease payments to be received under noncancelable operating leases

The following is a schedule of minimum future cash rentals on the Company’s industrial/logistics operating leases as of September 30, 2022. The schedule does not reflect future rental revenues from the renewal or replacement of existing leases or for leases on facilities not yet in service and excludes real estate taxes and property operating expense reimbursements:

Balance of 2022	$	9,539
2023		39,086
2024		38,193
2025		34,692
2026		28,269
Thereafter		76,506
	$	226,285

Schedule of maturities of lease liabilities

Balance of 2022	$	36
2023		144
2024		143
2025		143
2026		117
Total undiscounted payments		583
Less: imputed interest		(40)
Present value of minimum lease payments	$	543