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COMPONENTS OF RENTAL INCOME AND EXPENSE
 6 Months Ended
Jun. 30, 2024
Leases [Abstract]  
COMPONENTS OF RENTAL INCOME AND EXPENSE COMPONENTS OF RENTAL INCOME AND EXPENSE
The principal components of rental income are as follows (in thousands): 
 Three Months Ended June 30,Six Months Ended June 30,
 2024202320242023
Lease rental income
Office$49,337 $50,269 $98,972 $99,595 
Retail25,266 24,707 50,432 49,385 
Multifamily15,306 14,146 30,585 28,663 
Mixed-use3,120 3,024 6,101 5,974 
Percentage rent793 605 1,341 1,160 
Hotel revenue10,639 10,491 21,372 20,509 
Other633 659 1,312 1,325 
Total rental income$105,094 $103,901 $210,115 $206,611 
Lease rental income includes $0.4 million and $1.0 million for the three months ended June 30, 2024 and 2023, respectively, and $2.6 million and $3.2 million for the six months ended June 30, 2024 and 2023, 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 was $0.7 million and $0.8 million for the three months ended June 30, 2024 and 2023, respectively, and $1.4 million and $1.6 million for the six months ended June 30, 2024 and 2023, respectively.
The principal components of rental expenses are as follows (in thousands): 
 Three Months Ended June 30,Six Months Ended June 30,
 2024202320242023
Rental operating$13,452 $12,911 $27,167 $25,351 
Hotel operating7,335 7,343 14,754 14,260 
Repairs and maintenance5,707 5,411 10,831 10,646 
Marketing611 569 1,640 1,077 
Rent769 883 1,694 1,766 
Hawaii excise tax1,040 1,016 2,075 1,987 
Management fees591 578 1,185 1,129 
Total rental expenses$29,505 $28,711 $59,346 $56,216