LEASES (Tables)

6 Months Ended

Jun. 30, 2019

Leases [Abstract]

Current minimum future rentals under the leases

As of June 30, 2019, minimum future rentals from noncancelable operating leases, before any reserve for uncollectible amounts and assuming no early lease terminations, at our office and retail properties and the retail portion of our mixed-use property are as follows (in thousands):

Year Ending December 31,
2019 (six months ending December 31, 2019)	$	110,091
2020	209,142
2021	198,553
2022	180,346
2023	159,058
Thereafter	611,674
Total	$	1,468,864

Current minimum annual payments under the leases

Current annual payments under the operating leases are as follows, as of June 30, 2019 (in thousands): 

Year Ending December 31,
2019 (six months ending December 31, 2019)	$	1,692
2020	3,422
2021	2,153
2022	—
2023	—
Thereafter	—
Total lease payments	$	7,267
Imputed interest	$	(325	)
Present value of lease liability	$	6,942

Lease costs under operating leases and supplemental cash flow information of leases

Lease costs under the operating leases are as follows (in thousands):    

	Three Months Ended June 30,			Six Months Ended June 30,
	2019			2019
Operating lease cost	$	833		$	1,667
Variable lease cost	—			—
Sublease income	(633		)	(1,258		)
Total lease cost	$	200		$	409
Weighted-average remaining lease term - operating leases (in years)				2.1
Weighted-average discount rate - operating leases				4.13		%

Supplemental cash flow information and non-cash activity related to our operating leases are as follow (in thousands):

	Six Months Ended June 30,
	2019
Operating cash flow information:
Cash paid for amounts included in the measurement of lease liabilities	$	1,655
Non-cash activity:
Right-of-use assets obtained in exchange for operating lease obligations	$	7,661