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Lease Income
 6 Months Ended
Jun. 30, 2024
Leases [Abstract]  
Lease Income Lease Income
The Operating Partnership is the lessor and the sublessor to tenants under operating and sales-type leases. The minimum rental amounts due under the leases are generally subject to scheduled fixed increases or adjustments. The leases generally also require that the tenants reimburse us for increases in certain operating costs and real estate taxes above their base year costs.
The components of lease income from operating leases in our consolidated statements of operations during the three and six months ended June 30, 2024 and 2023 were as follows (in thousands):
Three Months Ended June 30,Six Months Ended June 30,
2024202320242023
Fixed lease payments$136,427 $159,437 $264,680 $325,790 
Variable lease payments15,069 20,294 28,370 40,744 
Total lease payments (1)
$151,496 $179,731 $293,050 $366,534 
Amortization of acquired above and below-market leases(864)6,214 (914)14,453 
Total rental revenue$150,632 $185,945 $292,136 $380,987 
(1)Amounts include $45.9 million and $94.3 million of sublease income during the three and six months ended June 30, 2024, respectively, and $48.9 million and $97.8 million of sublease income during the three and six months ended June 30, 2023, respectively.
The components of lease income from sales-type leases during the three and six months ended June 30, 2024 and 2023 were as follows (in thousands):
Three Months Ended June 30,Six Months Ended June 30,
2024202320242023
Interest income (1)
$1,123 $1,109 $2,243 $2,215 
(1)These amounts are included in Interest expense, net of interest income in our consolidated statements of operations.
Lease Income Lease Income
The Operating Partnership is the lessor and the sublessor to tenants under operating and sales-type leases. The minimum rental amounts due under the leases are generally subject to scheduled fixed increases or adjustments. The leases generally also require that the tenants reimburse us for increases in certain operating costs and real estate taxes above their base year costs.
The components of lease income from operating leases in our consolidated statements of operations during the three and six months ended June 30, 2024 and 2023 were as follows (in thousands):
Three Months Ended June 30,Six Months Ended June 30,
2024202320242023
Fixed lease payments$136,427 $159,437 $264,680 $325,790 
Variable lease payments15,069 20,294 28,370 40,744 
Total lease payments (1)
$151,496 $179,731 $293,050 $366,534 
Amortization of acquired above and below-market leases(864)6,214 (914)14,453 
Total rental revenue$150,632 $185,945 $292,136 $380,987 
(1)Amounts include $45.9 million and $94.3 million of sublease income during the three and six months ended June 30, 2024, respectively, and $48.9 million and $97.8 million of sublease income during the three and six months ended June 30, 2023, respectively.
The components of lease income from sales-type leases during the three and six months ended June 30, 2024 and 2023 were as follows (in thousands):
Three Months Ended June 30,Six Months Ended June 30,
2024202320242023
Interest income (1)
$1,123 $1,109 $2,243 $2,215 
(1)These amounts are included in Interest expense, net of interest income in our consolidated statements of operations.