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Lease Revenue
 6 Months Ended
Jun. 30, 2022
Leases [Abstract]  
Lease Revenue Lease RevenueWe lease our multifamily properties and commercial properties under agreements that are classified as operating leases. Our multifamily property leases generally includes minimum rents and charges for ancillary services. Our commercial property leases generally included minimum rents and recoveries for property taxes and common area maintenance. Minimum rental revenues are recognized on a straight-line basis over the terms of the related leases.
The following table summarizes the components of our rental revenue for the three and six months ended June 30, 2022 and 2021:
Three Months Ended June 30,Six Months Ended June 30,
2022202120222021
Fixed component$6,881 $9,300 $13,877 $19,163 
Variable component378 894 863 1,392 
$7,259 $10,194 $14,740 $20,555 
The following table summarizes the future rental payments that are payable to us from non-cancelable leases. The table excludes multifamily leases, which typically have a term of one-year or less:
2022$13,200 
20239,384 
20247,642 
20257,343 
20267,219 
Thereafter23,000 
$67,788