Leases (Tables)

9 Months Ended

Sep. 30, 2021

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


		Nine Months Ended
	Classification	September 30, 2021		September 30, 2020
Operating lease cost: (1)
Real estate lease expense	Property operating expenses	$	16,430	$	17,397
Non-real estate investment lease expense	General and administrative expenses	3,461		3,673
Finance lease cost:
Amortization of leased assets	Property operating expenses	6,120		6,229
Interest on lease liabilities	Interest expense	4,950		4,693
Sublease income	Rental income	(5,972)		(3,130)
Total		$	24,989	$	28,862

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

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


	Classification	September 30, 2021		December 31, 2020
Right of use assets:
Operating leases - real estate	Right of use assets, net	$	371,034	$	310,017
Finance leases - real estate	Right of use assets, net	155,580		155,849
Real estate right of use assets, net		526,614		465,866
Operating leases - non-real estate investments	Receivables and other assets	6,686		9,624
Total right of use assets, net		$	533,300	$	475,490

Lease liabilities:
Operating leases		$	434,303	$	311,164
Financing leases		110,244		107,102
Total		$	544,547	$	418,266