COMPONENTS OF RENTAL INCOME AND EXPENSE

6 Months Ended

Jun. 30, 2020

Revenue Recognition and Deferred Revenue [Abstract]

The principal components of rental income are as follows (in thousands):


	Three Months Ended June 30,						Six Months Ended June 30,
	2020		2019		2020		2019
Lease rental income
Office	$	42,484	$	28,564	$	84,697	$	54,712
Retail	20,909		25,021		45,864		49,470
Multifamily	11,643		11,975		23,610		23,971
Mixed-use	2,504		3,886		6,436		7,763
Percentage rent	23		289		324		555
Hotel revenue	1,143		9,466		9,268		19,108
Other	524		455		1,101		908
Total rental income	$	79,230	$	79,656	$	171,300	$	156,487

Lease rental income include $8.5 million and $(4.5) million for the three months ended June 30, 2020 and 2019, respectively, and $11.3 million and $(4.3) million for the six months ended June 30, 2020 and 2019, respectively, to recognize lease rental income on a straight-line basis. In addition, net amortization of above and below market leases included in lease rental income were $1.0 million and $0.8 million for the three months ended June 30, 2020 and 2019, respectively, and $1.9 million and $1.7 million for the six months ended June 30, 2020 and 2019, respectively.

The principal components of rental expenses are as follows (in thousands):


	Three Months Ended June 30,						Six Months Ended June 30,
	2020		2019		2020		2019
Rental operating	$	8,695	$	9,008	$	18,577	$	17,559
Hotel operating	1,993		6,036		7,740		12,009
Repairs and maintenance	4,320		3,971		8,617		7,430
Marketing	379		568		886		1,114
Rent	952		849		1,805		1,690
Hawaii excise tax	507		914		1,372		1,858
Management fees	135		480		552		962
Total rental expenses	$	16,981	$	21,826	$	39,549	$	42,622