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Commitments and Contingencies (Tables)
 6 Months Ended
Jun. 30, 2020
Commitments and Contingencies Disclosure [Abstract]  
Future Base Cash Rental Payments - Topic 842
The following table reflects the base cash rental payments due from the Company as of June 30, 2020:
(In thousands)
 
Future Base Rent Payments (1)
2020 (remainder)
 
$
680

2021
 
1,359

2022
 
1,359

2023
 
1,359

2024
 
1,364

Thereafter
 
39,451

Total minimum lease payments (2)
 
45,572

Less: Effects of discounting
 
(21,923
)
Total present value of lease payments
 
$
23,649


________
(1) 
Assumes exchange rates of £1.00 to $1.23 for GBP and €1.00 to $1.12 for EUR as of June 30, 2020 for illustrative purposes, as applicable.
(2) 
Ground lease rental payments due for the Company’s ING Amsterdam lease are not included in the table above as the Company’s ground for this property is prepaid through 2050.