SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Dec. 31, 2019

Dec. 31, 2018

Accounting Policies [Abstract]

Operating Lease, Lease Income [Table Text Block]

The table below presents the components of Income from real estate operations for the year ended December 31, 2019:

	Year Ended December 31, 2019
	(In thousands)
Lease income — operating leases	$	248,237
Variable lease income (1)	82,576
Income from real estate operations	$	330,813

(1)

Primarily includes tenant reimbursements for real estate taxes, insurance and common area maintenance.

Future Minimum Rental Receipts Under Non-cancelable Leases [Table Text Block]

The following schedule indicates approximate future minimum rental receipts under non-cancelable leases for real estate properties by year as of December 31, 2019:

Years Ending December 31,	(In thousands)
2020	$	252,654
2021	215,820
2022	171,607
2023	132,274
2024	99,183
Thereafter	171,392
Total minimum receipts	$	1,042,930

Federal Income Tax Treatment of Share Distributions

The following table summarizes the federal income tax treatment for all distributions by the Company for the years ended 2019, 2018 and 2017.

Federal Income Tax Treatment of Share Distributions

	Years Ended December 31,
	2019		2018	2017
Common Share Distributions:	(Per share)
Ordinary dividends	$	3.14000	2.14305	2.49146
Nondividend distributions	—		—	0.02686
Unrecaptured Section 1250 capital gain	—		—	—
Other capital gain	—		—	0.00168
Total Common Share Distributions	$	3.14000	2.14305	2.52000

Projected amortization of in-place lease intangibles for the next five years

Projected amortization of in-place lease intangibles for the next five years as of December 31, 2019 is as follows:

Years Ending December 31,	(In thousands)
2020	$	4,949
2021	3,719
2022	2,697
2023	2,160
2024	1,593

Future Minimum Rental Receipts Under Non-cancelable Leases-PY [Table Text Block]

Since the Company has applied the provisions on a prospective basis, the following represents approximate future minimum rental receipts under non-cancelable leases for real estate properties by year as of December 31, 2018, as applicable under ASC 840, Leases, prior to the adoption of ASC 842.  

Years Ending December 31,	(In thousands)
2019	$	226,330
2020	195,850
2021	151,564
2022	112,007
2023	82,262
Thereafter	163,499
Total minimum receipts	$	931,512