Leases (Tables)

6 Months Ended

Jun. 30, 2022

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


		Six Months Ended
	Classification	June 30, 2022		June 30, 2021
Operating lease cost: (1)
Real estate lease expense	Property operating expenses	$	11,209	$	10,538
Non-real estate investment lease expense	General and administrative expenses	2,101		2,354
Finance lease cost:
Amortization of leased assets	Property operating expenses	3,171		4,111
Interest on lease liabilities	Interest expense	2,937		3,310
Sublease income	Rental income	(5,587)		(1,267)
Total		$	13,831	$	19,046

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

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


	Classification	June 30, 2022		December 31, 2021
Right of use assets:
Operating leases - real estate	Right of use assets, net	$	291,616	$	367,068
Finance leases - real estate	Right of use assets, net	33,104		155,728
Real estate right of use assets, net		324,720		522,796
Operating leases - non-real estate investments	Receivables and other assets	8,763		9,627
Finance leases - held for sale (1)	Real property held for sale, net of accumulated depreciation	118,639		—
Total right of use assets, net		$	452,122	$	532,423

Lease liabilities:
Operating leases		$	300,829	$	434,261
Financing leases		109,888		111,683
Total		$	410,717	$	545,944

(1) At June 30, 2022 finance leases at seven properties were classified as held for sale.