XML 49 R38.htm IDEA: XBRL DOCUMENT v3.21.2
Leases (Tables)
6 Months Ended
Jun. 30, 2021
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)

2021

 

 

2020

 

 

2021

 

 

2020

 

 

Rental revenue:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Fixed

$

159,641

 

 

$

153,868

 

(1)

$

320,270

 

 

$

314,544

 

(1)

Variable

 

14,987

 

(2)

 

10,121

 

 

 

27,504

 

(2)

 

24,870

 

 

Total rental revenue

$

174,628

 

 

$

163,989

 

 

$

347,774

 

 

$

339,414

 

 

 

 

(1)

Includes $11,309 of non-cash write-offs, primarily for straight-line rent receivables, and $2,051 of reserves for uncollectible accounts receivable in the three and six months ended June 30, 2020.

(2)

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, 2021, for the six-month period from July 1, 2021 through December 31, 2021, and each of the five succeeding years and thereafter commencing January 1, 2022.

 

(Amounts in thousands)

 

 

 

2021

 

$

320,578

 

2022

 

 

632,390

 

2023

 

 

607,310

 

2024

 

 

580,419

 

2025

 

 

522,620

 

2026

 

 

426,925

 

Thereafter

 

 

2,007,828

 

Total

 

$

5,098,070