XML 35 R25.htm IDEA: XBRL DOCUMENT v3.22.1
Leases (Tables)
 3 Months Ended
Mar. 31, 2022
Leases [Abstract]  
Components of rental revenue The components of rental revenue for the three months ended March 31, 2022 and 2021 are as follows (amounts in thousands):
Three months ended
Rental revenueMarch 31, 2022March 31, 2021
Fixed payments$133,401 $125,773 
Variable payments14,113 14,458 
Total rental revenue$147,514 $140,231 
Future contractual minimum lease payments on non-cancellable operating leases to be received (current year-to-date) As of March 31, 2022, 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 2039 (amounts in thousands):
Remainder of 2022$364,322 
2023487,353 
2024453,394 
2025418,762 
2026377,593 
Thereafter1,716,190 
$3,817,614 
Future minimum lease payments to be paid As of March 31, 2022, the following table summarizes our future minimum lease payments discounted by our incremental borrowing rates to calculate the lease liabilities of our leases (amounts in thousands):
Remainder of 2022$1,139 
20231,518 
20241,518 
20251,518 
20261,518 
Thereafter63,744 
Total undiscounted cash flows70,955 
Present value discount(42,113)
Ground lease liabilities$28,842