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Lease Revenue (Tables)
12 Months Ended
Dec. 31, 2018
Lease Revenue  
Components of data center, office, light-industrial, and other lease revenue

The components of data center, office, light-industrial, and other lease revenue were as follows (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Year Ended December 31,

 

 

 

 

2018

 

2017

 

2016

 

Lease revenue:

 

 

 

 

 

 

 

 

 

 

 

Minimum lease revenue

 

 

$

390,691

 

$

350,497

 

$

291,141

 

Variable lease revenue

 

 

 

83,992

 

 

69,031

 

 

56,134

 

Total lease revenue

 

 

$

474,683

 

$

419,528

 

$

347,275

 

 

Schedule of future minimum lease payments to be received under noncancelable operating leases

The future minimum lease payments to be received under noncancelable data center, office, light-industrial, and other operating leases in effect at December 31, 2018, are as follows (in thousands):

 

 

 

 

 

 

 

 

 

Minimum

Year Ending December 31,

    

  

Lease Payments

2019

 

 

$

330,483

2020

 

 

 

220,380

2021

 

 

 

163,051

2022

 

 

 

108,666

2023

 

 

 

64,056

Thereafter

 

 

 

132,932

Total

 

 

$

1,019,568