Leases (Tables)

12 Months Ended

Dec. 31, 2022

Leases [Abstract]

Summary of Rental Income Related to Operating Leases

Rental income related to the Company's operating leases is comprised of the following for the years ended December 31, 2022, 2021 and 2020:

	Year Ended December 31,
	2022		2021		2020
Rental income - fixed payments	$	106,422	$	95,157	$	90,808
Rental income - variable payments (a)		26,192		23,027		22,646
Amortization of acquired market leases, net		818		773		2,073
Rental income	$	133,432	$	118,957	$	115,527

(a)Primarily includes tenant recovery income for real estate taxes, common area maintenance and insurance.

Schedule of Future Base Rent Payments to be Received Under Operating Leases

The future base rent payments to be received under operating leases including ground leases as of December 31, 2022 for the years indicated, assuming no expiring leases are renewed, are as follows:

	Lease Payments
2023	$	106,105
2024		95,037
2025		77,032
2026		65,074
2027		49,975
Thereafter		148,281
Total	$	541,504

Summary of Future Ground Lease Payments

Lease payments for the ground lease as of December 31, 2022 for each of the five succeeding years and thereafter is as follows:

	Lease Payments
2023	$	1,264
2024		1,264
2025		1,264
2026		1,264
2027		1,332
Thereafter		83,253
Total undiscounted lease payments		89,641
Less: Amount representing interest		(64,925	)
Present value of lease liability	$	24,716