Leases (Tables)

3 Months Ended

Mar. 31, 2025

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 Topic 842:

(in thousands)	Three months ended March 31,
	2025			2024
Operating lease income
Fixed and in-substance fixed lease income	$	266,737			256,626
Variable lease income		98,378			92,290
Other lease related income, net:
Above/below market rent and tenant rent inducement amortization, net		6,750			5,823
Uncollectible straight-line rent (1)		(400	)		(400	)
Uncollectible amounts billable in lease loss		(386	)		(1,233	)
Total lease income	$	371,079			353,106

(1)The amounts include straight-line rent adjustments associated with converting between cash basis and accrual basis of accounting for certain leases.

Components Of Tenant And Other Receivables

The following table represents the components of Tenant and other receivables, net of amounts considered uncollectible, in the accompanying Consolidated Balance Sheets:

(in thousands)	March 31, 2025		December 31, 2024
Tenant receivables	$	26,094		35,306
Straight-line rent receivables		162,885		157,507
Other receivables (1)		61,231		62,682
Total tenant and other receivables	$	250,210		255,495

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