Rental Income (Tables)

12 Months Ended

Dec. 31, 2019

Leases [Abstract]

Lessor, Operating Lease, Payments to be Received, Maturity

Approximate future minimum rents to be received over the next five years and thereafter for non-cancelable operating leases in effect at December 31, 2019 for the consolidated properties, including consolidated joint venture properties, and our share of unconsolidated joint venture properties are as follows (in thousands):

	Consolidated Properties		Unconsolidated Properties
2020	$	799,001	$	390,725
2021	651,815		397,524
2022	600,912		380,598
2023	536,835		354,621
2024	496,476		325,459
Thereafter	2,938,340		1,986,928
	$	6,023,379	$	3,835,855

Schedule of Future Minimum Rental Payments for Operating Leases

As of December 31, 2018, under ASC 840, approximate future minimum rents to be received over the next five years and thereafter for non-cancelable operating leases for the consolidated properties, including consolidated joint venture properties, and our share of unconsolidated joint venture properties are as follows (in thousands):

	Consolidated Properties		Unconsolidated Properties
2019	$	830,336	$	348,060
2020	765,610		375,228
2021	625,956		380,886
2022	562,250		348,222
2023	500,499		333,501
Thereafter	3,272,014		2,098,995
	$	6,556,665	$	3,884,892

Operating Lease, Lease Income

The components of lease revenues were as follows (in thousands):

	Twelve Months Ended December 31, 2019		Twelve Months Ended December 31, 2018
Fixed lease payments	$	858,587	$	858,160
Variable lease payments	120,496		113,596
Total lease payments	$	979,083	$	971,756
Amortization of acquired above and below-market leases	4,474		6,818
Total rental revenue	$	983,557	$	978,574