Leases (Tables)

12 Months Ended

Dec. 31, 2019

Leases [Abstract]

Components of rental revenue

The components of rental revenue for the year ended December 31, 2019 are as follows (amounts in thousands):

	For the Year Ended December 31, 2019
Fixed payments	$	510,799
Variable payments	75,615
Total rental revenue	$	586,414

Future contractual minimum lease payments on non-cancellable operating leases to be received (current year-to-date)

As of December 31, 2019 and 2018, we were entitled to the following future contractual minimum lease payments (excluding operating expense reimbursements) on non-cancellable operating leases to be received which expire on various dates through 2038 (amounts in thousands):    

    

2019			2018
2020	$	498,840	2019	$	485,441
2021	484,956		2020	460,127
2022	462,656		2021	423,365
2023	436,467		2022	391,395
2024	399,587		2023	362,738
Thereafter	1,865,058		Thereafter	1,536,461
	$	4,147,564		$	3,659,527

Future contractual minimum lease payments on non-cancellable operating leases to be received (prior year end)

As of December 31, 2019 and 2018, we were entitled to the following future contractual minimum lease payments (excluding operating expense reimbursements) on non-cancellable operating leases to be received which expire on various dates through 2038 (amounts in thousands):    

    

2019			2018
2020	$	498,840	2019	$	485,441
2021	484,956		2020	460,127
2022	462,656		2021	423,365
2023	436,467		2022	391,395
2024	399,587		2023	362,738
Thereafter	1,865,058		Thereafter	1,536,461
	$	4,147,564		$	3,659,527

As of December 31, 2019 and 2018, the following table summarizes our future minimum lease payments with amounts for 2019 discounted by our incremental borrowing rates to calculate the lease liabilities of our leases (amounts in thousands):    

2019				2018
2020	$	1,518		2019	$	1,518
2021	1,518			2020	1,518
2022	1,518			2021	1,518
2023	1,518			2022	1,518
2024	1,518			2023	1,518
Thereafter	66,780			Thereafter	68,298
Total undiscounted lease payments	74,370			Total undiscounted lease payments	$	75,888
Present value discount	(45,063		)
Ground lease liabilities	$	29,307

Future minimum lease payments to be paid

As of December 31, 2019 and 2018, the following table summarizes our future minimum lease payments with amounts for 2019 discounted by our incremental borrowing rates to calculate the lease liabilities of our leases (amounts in thousands):    

2019				2018
2020	$	1,518		2019	$	1,518
2021	1,518			2020	1,518
2022	1,518			2021	1,518
2023	1,518			2022	1,518
2024	1,518			2023	1,518
Thereafter	66,780			Thereafter	68,298
Total undiscounted lease payments	74,370			Total undiscounted lease payments	$	75,888
Present value discount	(45,063		)
Ground lease liabilities	$	29,307