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Leases (Tables)
6 Months Ended
Jun. 30, 2022
Leases [Abstract]  
Operating Lease, Lease Income

The following table provides a disaggregation of lease income recognized as either fixed or variable lease income based on the criteria specified in ASC Topic 842:

 

(in thousands)

 

Three months ended June 30,

 

 

Six months ended June 30,

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Operating lease income

 

 

 

 

 

 

 

 

 

 

 

 

Fixed and in-substance fixed lease income

 

$

211,838

 

 

 

197,234

 

 

$

419,340

 

 

 

393,288

 

Variable lease income

 

 

67,890

 

 

 

68,661

 

 

 

139,916

 

 

 

132,728

 

Other lease related income, net:

 

 

 

 

 

 

 

 

 

 

 

 

Above/below market rent and tenant rent inducement amortization, net

 

 

5,613

 

 

 

6,007

 

 

 

11,302

 

 

 

12,003

 

Uncollectible straight-line rent

 

 

2,623

 

 

 

(1,792

)

 

 

4,905

 

 

 

(3,827

)

Uncollectible amounts billable in lease income

 

 

4,900

 

 

 

6,620

 

 

 

11,046

 

 

 

8,895

 

Total lease income

 

$

292,864

 

 

 

276,730

 

 

$

586,509

 

 

 

543,087

 

Components Of Tenant And Other Receivables

The following table represents the components of Tenant and other receivables in the accompanying Consolidated Balance Sheets:

 

(in thousands)

 

June 30, 2022

 

 

December 31, 2021

 

Tenant receivables

 

$

21,135

 

 

$

27,354

 

Straight-line rent receivables

 

 

115,427

 

 

 

103,942

 

Other receivables (1)

 

 

23,081

 

 

 

21,795

 

Total tenant and other receivables

 

$

159,643

 

 

$

153,091

 

(1)
Other receivables include construction receivables, insurance receivables, and amounts due from real estate partnerships for Management, transaction and other fee income.