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Leases (Tables)
3 Months Ended
Mar. 31, 2019
Leases [Abstract]  
Components of leasing revenue
The following table summarizes the components of leasing revenue for the three months ended March 31, 2019:
Leasing revenue - fixed payments
$
164,061

Leasing revenue - variable payments
46,947

Leasing revenue
$
211,008

Summary of minimum rental payments
The following table summarizes the minimum rental payments to the Company:
Year ending March 31,
 
 
2020
 
$
502,144

2021
 
427,470

2022
 
369,955

2023
 
319,094

2024
 
273,412

Thereafter
 
769,564

 
 
$
2,661,639

Summary of lease costs
The following table summarizes the lease costs for the three months ended March 31, 2019:
Operating lease costs
 
$
4,347

Finance lease costs:
 
 
   Amortization of ROU assets
 
919

   Interest on lease liabilities
 
154

   Total lease costs
 
$
5,420

Summarizes of minimum future rental payments required
Future minimum rental payments required under the leases are as follows:
 
 
March 31, 2019
 
December 31, 2018
Year ending
 
Operating Leases
 
Finance Leases
 
Operating Leases
 
Finance Leases
2019
 
$
12,635

 
$
1,699

 
$
16,627

 
$
2,106

2020
 
17,144

 
2,106

 
17,183

 
2,106

2021
 
16,992

 
10,440

 
17,124

 
10,440

2022
 
16,855

 
2,418

 
17,450

 
2,418

2023
 
11,043

 

 
11,390

 

Thereafter
 
140,403

 

 
140,562

 

Total undiscounted rental payments
 
215,072

 
16,663

 
$
220,336

 
$
17,070

Less imputed interest
 
(107,957
)
 
(1,673
)
 
 
 
 
Total lease liabilities
 
$
107,115

 
$
14,990