Leases (Tables)

9 Months Ended

Sep. 30, 2020

The components of lease expense were as follows for the period presented (in thousands):


		Nine Months Ended
	Classification	September 30, 2020		September 30, 2019
Operating lease cost: (1)
Real estate lease expense	Property operating expenses	$	17,397	$	18,326
Non-real estate investment lease expense	General and administrative expenses	3,673		1,286
Finance lease cost:
Amortization of leased assets	Property operating expenses	6,229		6,549
Interest on lease liabilities	Interest expense	4,693		3,497
Sublease income	Rental income	(3,130)		(3,130)
Total		$	28,862	$	26,528

(1) Includes short-term leases which are immaterial.

Supplemental balance sheet information related to leases is as follows (in thousands):


	Classification	September 30, 2020		December 31, 2019
Right of use assets:
Operating leases - real estate	Right of use assets, net	$	323,200	$	374,217
Finance leases - real estate	Right of use assets, net	157,661		162,216
Real estate right of use assets, net		480,861		536,433
Operating leases - non-real estate investments	Receivables and other assets	10,328		12,474
Total right of use assets, net		$	491,189	$	548,907

Lease liabilities:
Operating leases		$	320,044	$	364,803
Financing leases		107,798		108,890
Total		$	427,842	$	473,693