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SIGNIFICANT ACCOUNTING POLICIES (Tables)
12 Months Ended
Dec. 31, 2020
Accounting Policies [Abstract]  
Operating Lease, Lease Income [Table Text Block]
The table below presents the components of Income from real estate operations for the years ended December 31, 2020 and 2019:
Years Ended December 31,
20202019
(In thousands)
Lease income — operating leases$271,094 248,237 
Variable lease income (1)
91,575 82,576 
Income from real estate operations$362,669 330,813 

(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, 2020:
Years Ending December 31,(In thousands)
2021$272,402 
2022235,872 
2023192,444 
2024148,871 
2025104,511 
Thereafter                                                  166,467 
   Total minimum receipts                                                  $1,120,567 
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 2020, 2019 and 2018.
Federal Income Tax Treatment of Share Distributions
 Years Ended December 31,
 202020192018
Common Share Distributions: (Per share)
Ordinary dividends$3.32868 3.14000 2.14305 
Nondividend distributions — — 
Unrecaptured Section 1250 capital gain — — 
Other capital gain — — 
Total Common Share Distributions                                      $3.32868 3.14000 2.14305 
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, 2020 is as follows:
Years Ending December 31,(In thousands)
2021$4,467 
20223,143 
20232,567 
20241,956 
20251,309