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MINIMUM RENTS

12 Months Ended

Dec. 31, 2016

Operating Leases, Future Minimum Payments Receivable [Abstract]

The Company receives rental income by leasing retail shopping center space under operating leases. Future minimum rents are scheduled to be received under non-cancellable tenant leases at December 31, 2016, as follows:



2017	$	559,804
2018	468,622
2019	403,625
2020	341,958
2021	283,553
Thereafter	771,041
	$	2,828,603

Future minimum rents do not include percentage rents or tenant reimbursements that may become due.