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SIGNIFICANT ACCOUNTING POLICIES (Tables)
 12 Months Ended
Dec. 31, 2021
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, 2021, 2020 and 2019:
Years Ended December 31,
2021
2020
2019
(In thousands)
Lease income — operating leases$306,658 271,094 248,237 
Variable lease income (1)
102,754 91,575 82,576 
Income from real estate operations$409,412 362,669 330,813 

(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, 2021:
Years Ending December 31,(In thousands)
2022$322,765 
2023291,810 
2024245,109 
2025195,340 
2026146,152 
Thereafter                                                  313,050 
   Total minimum receipts                                                  $1,514,226 
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 2021, 2020 and 2019.
Federal Income Tax Treatment of Share Distributions
 Years Ended December 31,
 202120202019
Common Share Distributions: (Per share)
Ordinary dividends$3.61656 3.32868 3.14000 
Nondividend distributions— — — 
Unrecaptured Section 1250 capital gain— — — 
Other capital gain— — — 
Total Common Share Distributions                                      $3.61656 3.32868 3.14000 
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, 2021 is as follows:
Years Ending December 31,(In thousands)
2022$6,461 
20234,400 
20243,276 
20252,465 
20261,391 
Assets Acquired and Liabilities Assumed
The following table summarizes the allocation of the consideration paid for the acquired assets and assumed liabilities in connection with the real estate property acquisitions during the years ended December 31, 2021, 2020 and 2019.
Costs Incurred During the Years Ended December 31,
ACQUIRED ASSETS AND ASSUMED LIABILITIES202120202019
 (In thousands)
Land $42,554 23,565 76,039 
Buildings and building improvements225,645 42,024 144,301 
Tenant and other improvements4,907 7,971 6,490 
Right of use assets — Ground leases (operating) 12,708 — 2,679 
Total real estate properties acquired285,814 73,560 229,509 
In-place lease intangibles (1)
9,949 3,257 10,020 
Above market lease intangibles (1)
6 104 344 
Below market lease intangibles (2)
(3,836)(403)(2,685)
Operating lease liabilities — Ground leases (3)
(12,708)— (2,679)
Total assets acquired, net of liabilities assumed$279,225 76,518 234,509 
(1)In-place lease intangibles and above market lease intangibles are each included in Other assets on the Consolidated Balance Sheets. These costs are amortized over the remaining lives of the associated leases in place at the time of acquisition.
(2)Below market lease intangibles are included in Other liabilities on the Consolidated Balance Sheets. These costs are amortized over the remaining lives of the associated leases in place at the time of acquisition.  
(3)Operating lease liabilities - Ground leases are included in Other liabilities on the Consolidated Balance Sheets.