Leases (Tables)

6 Months Ended

Jun. 30, 2019

Leases [Abstract]

Lessor, Operating Lease, Payments to be Received, Maturity

As of June 30, 2019, under ASC 842, future undiscounted cash flows under non-cancelable operating leases were as follows:

(Amounts in thousands)	As of June 30, 2019
For the remainder of 2019	$	664,483
For the year ended December 31,
2020	1,278,724
2021	1,250,716
2022	1,182,435
2023	1,056,135
2024	876,527
Thereafter	4,239,951

As of December 31, 2018, under ASC 840, future undiscounted cash flows under non-cancelable operating leases were as follows:

(Amounts in thousands)	As of December 31, 2018
For the year ended December 31,
2019	$	1,547,162
2020	1,510,097
2021	1,465,024
2022	1,407,615
2023	1,269,141
Thereafter	5,832,467

Components of Fixed and Variable Lease Revenues

The components of lease revenues for the three and six months ended June 30, 2019 were as follows:

(Amounts in thousands)	For the Three Months Ended June 30, 2019		For the Six Months Ended June 30, 2019
Fixed lease revenues	$	377,524	$	807,611
Variable lease revenues	31,708		88,927
Lease revenues	$	409,232	$	896,538

Schedule of Amounts Included in Measurement of Lease Liability

The following table sets forth information related to the measurement of our lease liabilities as of June 30, 2019:

(Amounts in thousands)	As of June 30, 2019
Weighted average remaining lease term (in years)	41.33
Weighted average discount rate	4.89		%
Cash paid for operating leases	$	13,158

Schedule of Rent Expense

The following table sets forth the details of rent expense for the three and six months ended June 30, 2019:

(Amounts in thousands)	For the Three Months Ended June 30, 2019		For the Six Months Ended June 30, 2019
Fixed rent expense	$	8,689	$	19,315
Variable rent expense	534		1,154
Rent expense	$	9,223	$	20,469

Lessee, Operating Lease, Liability, Maturity

Future undiscounted cash flows for the lease, including fixed payments in lieu of real estate taxes, as of June 30, 2019 were as follows:

(Amounts in thousands)	As of June 30, 2019
For the remainder of 2019	$	3,411
For the year ended December 31,
2020	10,402
2021	7,229
2022	7,444
2023	7,809
2024	8,330
Thereafter	519,048

As of June 30, 2019, future lease payments under operating ground leases were as follows:

(Amounts in thousands)	As of June 30, 2019
For the remainder of 2019	$	13,369
For the year ended December 31,
2020	28,352
2021	28,745
2022	29,646
2023	30,061
2024	30,495
Thereafter	1,037,252
Total undiscounted cash flows	1,197,920
Present value discount	(714,909		)
Lease liabilities	$	483,011

Schedule of Future Minimum Rental Payments for Operating Leases

As of December 31, 2018, under ASC 840, future lease payments under operating ground leases were as follows:

(Amounts in thousands)	As of December 31, 2018
For the year ended December 31,
2019	$	46,147
2020	45,258
2021	42,600
2022	43,840
2023	44,747
Thereafter	1,612,627