Rent Expense (Tables)

9 Months Ended

Sep. 30, 2020

Leases [Abstract]

Schedule of future minimum lease obligations under non-cancelable ground leases

As of September 30, 2020, the future minimum lease obligations under non-cancelable parking, air, ground, and corporate leases, were as follows (in thousands):

2020	$	788
2021	3,505
2022	3,458
2023	3,450
2024	3,433
Thereafter	173,006
Total undiscounted lease payments	$	187,640
Less: Interest	(113,622)
Present value of lease liabilities	$	74,018

Lease cost

Lease costs consisted of the following for the nine months ended September 30, 2020 (in thousands):

Operating lease cost	$	2,054
Variable lease cost	994
Total lease cost	$	3,048