Leases (Tables)

12 Months Ended

Dec. 31, 2019

Leases [Abstract]

Schedule of Operating Lease Maturity

The following table includes information regarding the Company's leases for which it is the lessee, as of December 31, 2019, for each of the next five calendar years and thereafter (in thousands):

Total Future Lease Payments
	Amount
2020	$	2,027
2021	2,051
2022	2,071
2023	2,093
2024	2,115
Thereafter	68,906
Total lease payments	$	79,263
Less: Imputed interest	(55,546)
Present value of lease liabilities	$	23,717

Schedule of Lessee Operating Lease Liability Maturity, Ground, Air Rights, Garage and Office Leases

The following is a schedule of the minimum future payments required under the ground, air rights, garage leases and office lease as of December 31, 2018, for each of the next five calendar years and thereafter:

	Amount
2019	$	2,065
2020	2,132
2021	2,157
2022	2,182
2023	2,206
Thereafter	71,661
Total lease payments	$	82,403

Schedule of Right of Use Asset and Liability

The following tables include information regarding the right of use assets and lease liabilities of the Company as of December 31, 2019:

	Right of Use Asset		Lease Liability
Balance as of January 1, 2019	$	23,091	$	25,715
Amortization	(613)		(391)
Disposal	(1,208)		(1,607)
Balance as of December 31, 2019	$	21,270	$	23,717

Schedule of Lease Cost

Lease Term and Discount Rate	December 31, 2019
Weighted-average remaining lease term (years)	40.81
Weighted-average discount rate	6.55%