Leases (Tables)

9 Months Ended

Sep. 30, 2019

Leases [Abstract]

Components of leasing revenue

The following table summarizes the components of leasing revenue for the three and nine months ended September 30, 2019 and 2018:

	For the Three Months Ended September 30,				For the Nine Months Ended September 30,
	2019		2018		2019		2018
Leasing revenue - fixed payments	$	159,356	$	164,351	$	482,194	$	494,096
Leasing revenue - variable payments	54,904		59,900		154,096		165,281
	$	214,260	$	224,251	$	636,290	$	659,377

Summary of minimum rental payments

The following table summarizes the future minimum rental payments to the Company:

Twelve months ending September 30,
2020	$	490,897
2021	414,722
2022	363,264
2023	313,166
2024	255,316
Thereafter	753,888
	$	2,591,253

Summary of lease costs

The following table summarizes the lease costs for the three and nine months ended September 30, 2019:

	Three Months Ended September 30, 2019		Nine Months Ended September 30, 2019
Operating lease costs	$	3,466	$	12,675
Finance lease costs:
Amortization of ROU assets	475		1,407
Interest on lease liabilities	145		453
	$	4,086	$	14,535

Summarizes of minimum future rental payments required

The following table summarizes the future minimum rental payments required under the leases:

	September 30, 2019				December 31, 2018
Year ending	Operating Leases		Finance Leases		Operating Leases		Finance Leases
2019	$	4,521	$	505	$	16,627	$	2,106
2020	17,149		2,106		17,183		2,106
2021	17,004		10,440		17,124		10,440
2022	16,867		2,418		17,450		2,418
2023	11,055		—		11,390		—
Thereafter	140,415		—		140,562		—
Total undiscounted rental payments	207,011		15,469		$	220,336	$	17,070
Less imputed interest	(104,124)		(1,673)
Total lease liabilities	$	102,887	$	13,796