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Leases (Tables)
 3 Months Ended
Mar. 31, 2022
Leases [Abstract]  
Future Minimum Operating Lease Payments Receivable
Future lease payments under the non-cancelable operating leases, excluding any reimbursements and the sale-type lease, as of March 31, 2022 were as follows:
Dollars in thousandsOPERATING
2022$312,208 
2023375,370 
2024304,440 
2025247,731 
2026195,917 
2027 and thereafter469,372 
$1,905,038 
Future Minimum Operating Lease Payments
The Company’s future lease payments (primarily for its 67 non-prepaid ground leases) as of March 31, 2022 were as follows:
Dollars in thousandsOPERATINGFINANCING
2022$3,272 $1,106 
20235,071 1,654 
20245,130 1,692 
20255,174 1,723 
20265,201 1,749 
2027 and thereafter306,956 368,730 
Total undiscounted lease payments330,804 376,654 
Discount(236,168)(314,922)
Lease liabilities$94,636 $61,732 
Future Minimum Financing Lease Payments
The Company’s future lease payments (primarily for its 67 non-prepaid ground leases) as of March 31, 2022 were as follows:
Dollars in thousandsOPERATINGFINANCING
2022$3,272 $1,106 
20235,071 1,654 
20245,130 1,692 
20255,174 1,723 
20265,201 1,749 
2027 and thereafter306,956 368,730 
Total undiscounted lease payments330,804 376,654 
Discount(236,168)(314,922)
Lease liabilities$94,636 $61,732 
Lease Cost
The following table provides details of the Company's total lease expense for the three months ended March 31, 2022 and 2021:
THREE MONTHS ENDED
March 31,
Dollars in thousands20222021
Operating lease cost
Operating lease expense$1,215 $1,178 
Variable lease expense1,024 896 
Finance lease cost
Amortization of right-of-use assets172 88 
Interest on lease liabilities287 247 
Total lease expense$2,698 $2,409 
Other information
Operating cash flows outflows related to operating leases$2,797 $1,844 
Operating cash flows outflows related to financing leases$258 $233 
Financing cash flows outflows related to financing leases$257 $129 
Right-of-use assets obtained in exchange for new finance lease liabilities$40,589 $— 
Weighted-average remaining lease term (excluding renewal options) - operating leases47.648.4
Weighted-average remaining lease term (excluding renewal options) - finance leases61.964.2
Weighted-average discount rate - operating leases5.6 %5.7 %
Weighted-average discount rate - finance leases5.0 %5.4 %