Commitments and Contingencies (Tables)

9 Months Ended

Sep. 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 September 30, 2020:

(In thousands)	Future Base Rent Payments (1)
2020 (remainder)	$	361
2021	1,445
2022	1,445
2023	1,445
2024	1,450
Thereafter	41,905
Total minimum lease payments (2)	48,051
Less: Effects of discounting	(23,593)
Total present value of lease payments	$	24,458

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(1)Assumes exchange rates of £1.00 to $1.29 for GBP and €1.00 to $1.17 for EUR as of September 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.