LEASES (Tables)

3 Months Ended

Mar. 31, 2020

Leases [Abstract]

Schedule of weighted-average remaining lease terms and weighted-average discount rates

The weighted-average remaining lease term and the weighted-average discount rate for the Company's operating leases as of March 31, 2020 are as follows:

	March 31, 2020
Weighted-average remaining lease term
Real estate leasehold interests	28 years
Office leases	7 years
Weighted-average remaining discount rate
Real estate leasehold interests	4.9	%
Office leases	3.8	%

Schedule of future minimum lease payments

As of March 31, 2020, the future minimum lease payments under the Company's operating leases, for which the Company is a lessee, are as follows (in thousands):

Year Ending December 31,	Real Estate Leasehold Interests		Office Leases		Total
Remainder of 2020	$	1,071	$	291	$	1,362
2021	1,444		471		1,915
2022	1,459		465		1,924
2023	1,464		430		1,894
2024	1,470		450		1,920
2025 through 2092	36,728		1,080		37,808
Total lease payments	$	43,636	$	3,187	$	46,823
Less imputed interest	(21,173)		(407)		(21,580)
Total	$	22,463	$	2,780	$	25,243

As of December 31, 2019, the future minimum lease payments under the Company's operating leases, for which the Company is a lessee, are as follows (in thousands):

Year Ending December 31,	Real Estate Leasehold Interests		Office Leases		Total
2020	$	1,419	$	286	$	1,705
2021	1,444		387		1,831
2022	1,459		381		1,840
2023	1,464		346		1,810
2024	1,470		353		1,823
2025 through 2092	36,728		691		37,419
Total lease payments	$	43,984	$	2,444	$	46,428
Less imputed interest	(21,440)		(323)		(21,763)
Total	$	22,544	$	2,121	$	24,665