Lease Accounting (Tables)

6 Months Ended

Jun. 30, 2019

Leases [Abstract]

Schedule of Minimum Future Base Rents from Non-Cancelable Leases

Minimum future lease revenue from base rents from non-cancelable leases related to properties included in our financial statements on a consolidated basis, excluding increases from changes in the consumer price index, bonus rents and the impact of straight line rent adjustments, are as follows (amounts in thousands):

	June 30, 2019			December 31, 2018
Year ending,
2019	$	29,055	(a.)	$	56,494
2020		53,229			50,291
2021		47,842			45,357
2022		32,459			30,089
2023		26,691			24,972
Thereafter		71,569			67,288
Total minimum base rents	$	260,845		$	274,491

(a.)  Represents the remaining six months of 2019.

Components of Lease Expense Payments

The components of lease expense payments were as follows (in thousands):

	Three months ended June 30,		Six months ended June 30,
	2019		2019
Operating lease cost	$	120	$	238
Total lease cost	$	120	$	238

Schedule of Supplemental Balance Sheet Information Related to Leases

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

	June 30,
	2019
Operating Leases
Right-of-use land assets-operating leases	$	8,862
Total lease liabilities	$	8,862
Weighted Average remaining lease term, years
Operating leases		58.8
Weighted Average discount rate
Operating leases		5.07	%

Schedule of Maturities of lease liabilities

Maturities of lease liabilities were as follows (in thousands):

	June 30, 2019			December 31, 2018
Year ending,
2019	$	238	(a.)	$	474
2020	475			474
2021	475			474
2022	475			474
2023	475			474
Later years		25,640			25,582
Total undiscounted lease payments	$	27,778		$	27,952
Less imputed interest		18,916
Total	$	8,862

(a.)  Represents the remaining six months of 2019.