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Revenue Recognition (Tables)
9 Months Ended
Sep. 30, 2019
Revenue Recognition  
Summary of rental income recognized

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Rental income recognized

 

 

For the three months ended

 

For the nine months ended

 

 

September 30,

 

September 30,

(in thousands)

    

2019

    

2018

    

2019

    

 

2018

Leases in effect at the beginning of the year

 

$

8,729

 

$

7,663

 

$

27,610

 

$

21,343

Leases entered into during the year

 

 

382

 

 

3,553

 

 

870

 

 

9,871

 

 

$

9,111

 

$

11,216

 

$

28,480

 

$

31,214

 

Schedule of future minimum lease payments from tenants under all non-cancelable leases in place

 

 

 

 

 

(in thousands)

    

Future rental

 

Year Ending December 31,

 

payments

 

2019 (remaining three months)

 

$

8,938

 

2020

 

 

23,733

 

2021

 

 

11,597

 

2022

 

 

2,984

 

2023

 

 

1,010

 

Thereafter

 

 

7,596

 

 

 

$

55,858