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LEASE REVENUE LEASE REVENUE
3 Months Ended
Mar. 31, 2020
Lease Revenue [Abstract]  
Operating Lease, Lease Income [Text Block]
LEASE REVENUE
 
The Company’s primary revenue is rental income from business distribution space. The table below presents the components of Income from real estate operations for the three months ended March 31, 2020 and 2019:
 
Three Months Ended
March 31,
 
2020
 
2019
 
(In thousands)
Lease income — operating leases
$
65,963

 
58,892

Variable lease income (1)
22,614

 
19,745

Income from real estate operations
$
88,577

 
78,637


(1)
Primarily includes tenant reimbursements for real estate taxes, insurance and common area maintenance.