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Leases (Tables)
6 Months Ended
Jun. 30, 2019
Leases [Abstract]  
Components of leasing revenue
The following table summarizes the components of leasing revenue for the three and six months ended June 30, 2019 and 2018:
 
For the Three Months Ended June 30,
 
For the Six Months Ended June 30,
 
2019
 
2018
 
2019
 
2018
Leasing revenue - fixed payments
$
158,777

 
$
163,660

 
$
322,838

 
$
329,745

Leasing revenue - variable payments
52,245

 
53,354

 
99,192

 
105,381

 
$
211,022

 
$
217,014

 
$
422,030

 
$
435,126


Summary of minimum rental payments
The following table summarizes the future minimum rental payments to the Company:
Twelve months ending June 30,
 
 
2020
 
$
494,207

2021
 
418,924

2022
 
365,214

2023
 
314,702

2024
 
263,689

Thereafter
 
779,246

 
 
$
2,635,982


Summary of lease costs
The following table summarizes the lease costs for the three and six months ended June 30, 2019:
 
Three Months Ended June 30, 2019
 
Six Months Ended June 30, 2019
Operating lease costs
$
4,862

 
$
9,209

Finance lease costs:
 
 
 
   Amortization of ROU assets
467

 
932

   Interest on lease liabilities
154

 
308

 
$
5,483

 
$
10,449


Summarizes of minimum future rental payments required
The following table summarizes the future minimum rental payments required under the leases:
 
 
June 30, 2019
 
December 31, 2018
Year ending
 
Operating Leases
 
Finance Leases
 
Operating Leases
 
Finance Leases
2019
 
$
8,357

 
$
1,699

 
$
16,627

 
$
2,106

2020
 
17,133

 
2,106

 
17,183

 
2,106

2021
 
16,988

 
10,440

 
17,124

 
10,440

2022
 
16,851

 
2,418

 
17,450

 
2,418

2023
 
11,039

 

 
11,390

 

Thereafter
 
140,698

 

 
140,562

 

Total undiscounted rental payments
 
211,066

 
16,663

 
$
220,336

 
$
17,070

Less imputed interest
 
(106,271
)
 
(1,673
)
 
 
 
 
Total lease liabilities
 
$
104,795

 
$
14,990