Leases (Tables)

3 Months Ended

Mar. 31, 2021

Leases [Abstract]

Schedule of Future Minimum Rental Receipts excluding Variable Payments and Tenant Reimbursements of Expenses Under Non-cancelable Operating Leases

Future minimum rental receipts, excluding variable payments and tenant reimbursements of expenses, under non-cancelable operating leases executed as of March 31, 2021 are approximately as follows:

(in thousands)	March 31, 2021
Remainder of 2021	$	66,971
2022		87,489
2023		80,770
2024		77,428
2025		77,156
2026		72,845
Thereafter		351,262
Total	$	813,921

Components of Lease Revenues

The components of lease revenues for the three months ended March 31, 2021 and 2020 were as follows:

(in thousands)	Three Months Ended March 31,
	2021		2020
Fixed rental income	$	22,271	$	27,648
Variable rental income		9,046		8,066
Total rental income	$	31,317	$	35,714

Information Related to Measurement of Lease Liabilities

The following table sets forth information related to the measurement of our lease liabilities as of March 31, 2021:

	As of March 31, 2021
Weighted average remaining lease term (in years)		9.69
Weighted average discount rate		6.99	%
Cash paid for operating leases (in thousands)	$	488

Schedule of Future Sale-Leaseback Financing Obligations

Future sale-leaseback financing obligations as of March 31, 2021 are approximately as follows:

(in thousands)	March 31, 2021
Remainder of 2021	$	1,082
2022		1,464
2023		1,486
2024		1,507
2025		1,531
2026		1,554
Thereafter		34,022
Interest		(22,064	)
Total	$	20,582

Summary of Revenue from Master Lease

(in thousands)	Three Months Ended March 31,
	2021		2020
Fixed rental income	$	-	$	4,288
Variable rental income		4,510		3,839
Total rental income	$	4,510	$	8,127