Schedule of Future Minimum Rental Revenues

The scheduled future minimum rental revenues from rental properties under the terms of non-cancelable tenant leases greater than one year (assuming no new or renegotiated leases or option extensions for such premises) as of December 31, 2024, are summarized as follows (in thousands):



Year Ending December 31,	Minimum Rental Revenues (a)
2025	$	252,564
2026		243,817
2027		218,934
2028		187,739
2029		154,725
Thereafter		577,342
Total	$	1,635,121

Amount represents contractual lease maturities at December 31, 2024, including any extension options that management determined were reasonably certain of exercise.

Schedule of Lease Cost

Additional disclosures regarding the Company’s leases as lessee are as follows (dollars in thousands):


	Year Ended December 31,
	2024			2023			2022
Lease Cost
Finance lease cost:
Amortization of right-of-use assets	$	1,338		$	1,244		$	903
Interest on lease liabilities		2,061			1,239			410
Subtotal		3,399			2,483			1,313
Operating lease cost		5,265			5,291			5,338
Variable lease cost		276			228			80
Total lease cost	$	8,940		$	8,002		$	6,731

Cash Paid
Payments of operating lease obligations - operating activities	$	5,438		$	5,386		$	5,364
Payments of interest on finance lease obligations - operating activities		2,061			1,239			410
Payments of finance lease obligations - financing activities		2,437			100			—

	As of December 31,
	2024			2023
Other Information
Weighted-average remaining lease term - finance leases (years)		56.8			58.3
Weighted-average remaining lease term - operating leases (years)		8.7			9.7
Weighted-average discount rate - finance leases		6.5	%		6.5	%
Weighted-average discount rate - operating leases		5.1	%		5.1	%