Operating Leases (Tables)

12 Months Ended

Dec. 31, 2022

Leases [Abstract]

Schedule of minimum future commercial property rentals from noncancelable operating leases

As of December 31, 2022, future minimum rentals from noncancelable commercial operating leases (excluding both tenant reimbursements of operating expenses and percentage rent based on tenants' sales) are as follows:

	(In thousands)
Year ending December 31,
2023	$	701,133
2024	649,472
2025	564,446
2026	490,884
2027	416,736
Thereafter	1,644,716
	$	4,467,387

LEASE COST

The following table provides additional information on our operating and finance leases where we are the lessee:

	Year Ended December 31,
	2022		2021			2020
	(In thousands)
LEASE COST:
Finance lease cost:
Amortization of right-of-use assets	$	1,251	$	1,284		$	1,284
Interest on lease liabilities	5,743		5,828			5,826
Operating lease cost	6,138		5,687			5,946
Variable lease cost	309		246			353
Total lease cost	$	13,441	$	13,045		$	13,409
OTHER INFORMATION:
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows for finance leases	$	5,642	$	5,723		$	5,736
Operating cash flows for operating leases	$	5,644	$	5,288		$	5,498
Financing cash flows for finance leases	$	50	$	51		$	46
			December 31,
			2022			2021
Weighted-average remaining term - finance leases			13.9 years			16.3 years
Weighted-average remaining term - operating leases			53.3 years			52.8 years
Weighted-average discount rate - finance leases			8.1		%	8.0		%
Weighted-average discount rate - operating leases			4.8		%	4.5		%
ROU assets obtained in exchange for operating lease liabilities			$	6,476		$	10,341