XML 13 R22.htm IDEA: XBRL DOCUMENT v3.20.1
Leases (Tables)
3 Months Ended
Mar. 31, 2020
Leases [Abstract]  
Lessor Operating Lease, Payments to be Received The following table presents future minimum rents expected to be received under long-term non-cancelable tenant leases, as well as those leases that are subject to long-term agreements governing rent payments and increases:
 
(amounts in thousands)
 
As of March 31, 2020
2020
 
$
63,393

2021
 
85,220

2022
 
53,423

2023
 
20,119

2024
 
20,144

Thereafter
 
79,241

Total
 
$
321,540


Minimum Future Operating Lease Payments
The following table summarizes our minimum future rental payments, excluding variable costs, which are discounted by our incremental borrowing rate to calculate the lease liability for our operating leases as of March 31, 2020:
 
 
As of March 31, 2020
 
(amounts in thousands)
 
Ground Leases
 
Office and Other Leases
 
Total
 
2020
 
$
1,462

 
$
2,444

 
$
3,906

 
2021
 
1,949

 
2,602

 
4,551

 
2022
 
1,479

 
916

 
2,395

 
2023
 
534

 
687

 
1,221

 
2024
 
534

 
505

 
1,039

 
Thereafter
 
4,984

 
484

 
5,468

 
Total undiscounted rental payments
 
10,942

 
7,638

 
18,580

 
Less imputed interest
 
(2,300
)
 
(558
)
 
(2,858
)
 
Total lease liabilities
 
$
8,642

 
$
7,080

 
$
15,722