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Commitments and Contingencies (Tables)
3 Months Ended
Mar. 31, 2016
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Future Minimum Rental Payments for Operating Leases
The following table reflects the minimum base cash payments due from the Company over the next five years and thereafter under these arrangements, including the present value of the net minimum payments due under capital leases. These amounts exclude contingent rent payments, as applicable, that may be payable based on provisions related to increases in annual rent based on exceeding certain economic indexes among other items.
 
 
Future Minimum Base Rent Payments
(In thousands)
 
Operating Leases
 
Capital Leases
April 1, 2016 - December 31, 2016
 
$
3,716

 
$
65

2017
 
4,905

 
86

2018
 
5,089

 
86

2019
 
5,346

 
86

2020
 
5,346

 
86

Thereafter
 
246,281

 
3,404

Total minimum lease payments
 
$
270,683

 
$
3,813

Less: amounts representing interest
 
 
 
(1,706
)
Total present value of minimum lease payments
 
 
 
$
2,107

Schedule of Capital Leased Assets
The following table discloses assets recorded under capital leases and the accumulated amortization thereon as of March 31, 2016 and December 31, 2015.
(In thousands)
 
March 31, 2016
 
December 31, 2015
Buildings, fixtures and improvements
 
$
11,783

 
$
11,783

Less accumulated depreciation and amortization
 
(1,847
)
 
(1,705
)
Total real estate investments, net
 
$
9,936

 
$
10,078