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Leases (Tables)
9 Months Ended
Sep. 30, 2020
Leases [Abstract]  
Schedule of Rental Revenues

 

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

 

 

For the Three Months Ended September 30,

 

 

For the Nine Months Ended September 30,

 

(Amounts in thousands)

2020

 

 

2019

 

 

2020

 

 

2019

 

Rental revenues:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Fixed

$

153,065

 

(1)

$

163,123

 

 

$

467,609

 

(1)

$

484,587

 

Variable

 

12,355

 

 

 

17,992

 

 

 

37,225

 

 

 

45,913

 

Total rental revenues

$

165,420

 

 

$

181,115

 

 

$

504,834

 

 

$

530,500

 

 

 

(1)

Includes (i) $14,863 and $26,172 of non-cash write-offs, primarily for straight-line rent receivables in the three and nine months ended September 30, 2020, respectively, and (ii) $2,051 of reserves for uncollectible accounts receivable in the nine months ended September 30, 2020.

 

 

Schedule of Future Undiscounted Cash Flows Under Non-Cancelable Operating Leases

The following table is a schedule of future undiscounted cash flows under non-cancelable operating leases in effect as of September 30, 2020, for the three-month period from October 1, 2020 through December 31, 2020 and each of the five succeeding years commencing January 1, 2021.

 

(Amounts in thousands)

 

 

 

2020

 

$

158,252

 

2021

 

 

638,462

 

2022

 

 

627,424

 

2023

 

 

603,824

 

2024

 

 

576,766

 

2025

 

 

516,604

 

Thereafter

 

 

2,352,959

 

Total

 

$

5,474,291