Leases (Tables)

6 Months Ended

Jun. 30, 2020

Leases [Abstract]

Components of leasing revenue

The following table summarizes the components of leasing revenue for the three and six months ended June 30, 2020 and 2019:

	For the Three Months Ended June 30,				For the Six Months Ended June 30,
	2020		2019		2020		2019
Leasing revenue—fixed payments	$	150,292	$	160,784	$	306,339	$	326,671
Leasing revenue—variable payments	46,239		52,245		101,826		99,192
Provision for doubtful accounts	(27,777)		(2,007)		(28,690)		(3,833)
	$	168,754	$	211,022	$	379,475	$	422,030

Summary of minimum rental payments

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

Twelve months ending June 30,
2021	$	436,611
2022	382,120
2023	327,661
2024	274,629
2025	216,448
Thereafter	597,091
	$	2,234,560

Summary of lease costs

The following table summarizes the lease costs:

	For the Three Months Ended June 30,				For the Six Months Ended June 30,
	2020		2019		2020		2019
Operating lease costs	$	3,701	$	4,862	$	7,639	$	9,209
Finance lease costs:
Amortization of ROU assets	476		467		951		932
Interest on lease liabilities	142		154		284		308
	$	4,319	$	5,483	$	8,874	$	10,449

Summarizes of minimum future rental payments required

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

	June 30, 2020						December 31, 2019
Year ending December 31,	Operating Leases			Finance Leases			Operating Leases			Finance Leases
2020	$	8,860		$	2,043		$	17,149		$	2,106
2021	17,004			10,784			17,004			10,441
2022	16,867			2,762			16,867			2,418
2023	11,055			344			11,055			—
2024	9,068			3,085			9,068			—
Thereafter	131,347			—			131,347			—
Total undiscounted rental payments	194,201			19,018			202,490			14,965
Less imputed interest	(101,597)			(1,397)			(102,085)			(1,169)
Total lease liabilities	$	92,604		$	17,621		$	100,405		$	13,796
Weighted average remaining term	31.0 years			1.3 years			31.0 years			1.6 years
Weighted average incremental borrowing rate	7.7		%	3.2		%	7.7		%	4.2		%