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Operating Leases (Tables)
12 Months Ended
Dec. 31, 2021
Leases [Abstract]  
Lessor, Operating Lease, Payments to be Received, Maturity The Company's future minimum rental revenues were:
For the year ending December 31:Future Minimum Rents as of December 31, 2021
(In thousands)New Market PropertiesPreferred Office PropertiesTotal
2022$74,105 $21,273 $95,378 
202366,206 21,544 87,750 
202455,384 25,931 81,315 
202543,289 26,210 69,499 
202631,593 26,190 57,783 
Thereafter91,229 120,499 211,728 
Total$361,806 $241,647 $603,453 
Lease, Cost
The Company recorded lease expense as follows:
(Dollars in thousands)
For the year ended December 31, 2021
Weighted average remaining lease term (years)
Weighted average discount rate
Lease expenseCash paid
Office space$2,913 $2,930 4.03.0 %
Ground leases23 15 43.04.5 %
Office equipment125 125 2.73.0 %
Total$3,061 $3,070 
Lessee, Operating Lease, Liability, Maturity
Future minimum rent expense for office space, ground lease and office equipment were:
For the year ending December 31:Future Minimum Rents as of December 31, 2021
(In thousands)Office spaceGround leaseOffice equipmentTotal
2022$2,855 $15 $58 $2,928 
20232,497 15 39 2,551 
20243,139 15 19 3,173 
20252,808 17 12 2,837 
2026355 17 — 372 
Thereafter— 921 — 921 
Total$11,654 $1,000 $128 $12,782