Real Estate Properties

3 Months Ended

Mar. 31, 2022

Real Estate [Abstract]

Real Estate Properties

Real Estate Properties

During the three months ended March 31, 2022 and 2021, we made improvements, excluding tenant-funded improvements, to our properties totaling $0.8 million and $3.5 million, respectively.

Property Dispositions:

We did not sell any properties during the three months ended March 31, 2022 or three months ended March 31, 2021.

Lease Payments

Rental revenue consists of the following (in thousands):

	Three Months Ended March 31,
	2022		2021
Lease payments	$	10,103	$	9,257
Variable lease payments	5,737		4,912
Rental revenue	$	15,840	$	14,169