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Leases (Tables)
6 Months Ended
Jun. 30, 2022
Leases [Abstract]  
Schedule of Rental Revenues

The following table sets forth the details of our rental revenue.

 

 

 

For the Three Months Ended June 30,

 

 

For the Six Months Ended June 30,

 

 

(Amounts in thousands)

2022

 

 

2021

 

 

2022

 

 

2021

 

 

Rental revenue:

 

 

 

 

 

 

 

 

 

 

 

 

Fixed

$

163,545

 

 

$

159,641

 

 

$

318,322

 

 

$

320,270

 

 

Variable

 

13,698

 

 

 

14,987

 

(1)

 

28,843

 

 

 

27,504

 

(1)

Total rental revenue

$

177,243

 

 

$

174,628

 

 

$

347,165

 

 

$

347,774

 

 

 

 

Includes $5,051 of income in connection with a tenant’s lease termination at 300 Mission Street.
Schedule of Future Undiscounted Cash Flows Under Non-Cancellable Operating Leases

The following table is a schedule of future undiscounted cash flows under non-cancellable operating leases in effect as of June 30, 2022, for the six-month period from July 1, 2022 through December 31, 2022, and each of the five succeeding years and thereafter commencing January 1, 2023.

 

(Amounts in thousands)

 

 

2022

 

$

321,344

 

2023

 

 

630,105

 

2024

 

 

630,171

 

2025

 

 

575,286

 

2026

 

 

479,154

 

2027

 

 

414,169

 

Thereafter

 

 

2,025,747

 

Total

 

$

5,075,976