Leases (Tables)

3 Months Ended

Mar. 31, 2020

Leases [Abstract]

Summary of Lease Income Types Relating to Lease Payments

The following table presents the lease income types relating to lease payments for residential and retail leases for the quarters ended March 31, 2020 and 2019 (amounts in thousands):

	Quarter Ended March 31, 2020						Quarter Ended March 31, 2019
Lease Income Type	Residential Leases		Retail Leases		Total		Residential Leases		Retail Leases		Total
Residential and retail rent	$	612,480	$	18,094	$	630,574	$	592,520	$	18,470	$	610,990
Utility recoveries (RUBS income) (1)		17,418		228		17,646		16,445		203		16,648
Parking rent		9,833		97		9,930		9,137		72		9,209
Storage rent		962		19		981		919		44		963
Pet rent		2,901		—		2,901		2,887		—		2,887
Total lease revenue (2)	$	643,594	$	18,438	$	662,032	$	621,908	$	18,789	$	640,697

(1) RUBS income primarily consists of variable payments representing the recovery of utility costs from residents.

(2) Excludes other rental income of $20.3 million and $21.6 million for the quarters ended March 31, 2020 and 2019, respectively, which is accounted for under the revenue recognition standard.