Leases (Tables)

12 Months Ended

Dec. 31, 2019

Leases [Abstract]

Finance Lease, Liability, Maturity [Table Text Block]

Future minimum lease payments under non-cancellable leases as of the year ended December 31, 2019 where we are the lessee include:

Maturity of lease liabilities (in thousands)
	Operating Leases			Finance Leases			Total
2020	$	2,397		$	120		$	2,517
2021	2,446			120			2,566
2022	2,483			120			2,603
2023	2,572			120			2,692
2024	2,868			4,060			6,928
Thereafter	32,277			—			32,277
Total lease payments	$	45,043		$	4,540		$	49,583
Less: Imputed interest	(20,821		)	(459		)	(21,280		)
Present value of lease liabilities	$	24,222		$	4,081		$	28,303

Lessee, Operating Lease, Liability, Maturity [Table Text Block]

Future minimum lease payments under non-cancellable leases as of the year ended December 31, 2019 where we are the lessee include:

Maturity of lease liabilities (in thousands)
	Operating Leases			Finance Leases			Total
2020	$	2,397		$	120		$	2,517
2021	2,446			120			2,566
2022	2,483			120			2,603
2023	2,572			120			2,692
2024	2,868			4,060			6,928
Thereafter	32,277			—			32,277
Total lease payments	$	45,043		$	4,540		$	49,583
Less: Imputed interest	(20,821		)	(459		)	(21,280		)
Present value of lease liabilities	$	24,222		$	4,081		$	28,303

Lease, Cost [Table Text Block]

ROU assets and lease liabilities for finance and operating leases as included in our Consolidated Financial Statements are as follows:

Lease asset and liabilities (in thousands)
Description	Financial Statement Classification	December 31, 2019		Description	Financial Statement Classification	December 31, 2018
Lease assets
Right-of-use asset obtained in exchange for new finance lease liabilities	Other asset, net	$	4,081	Capital lease asset	Land	$	4,098
Right-of-use asset obtained in exchange for new operating lease liabilities	Other asset, net	$	23,751	n/a
Right-of-use asset obtained relative to below market operating lease	Other asset, net	$	28,366	Below market Lease intangible asset	Other Asset, net	$	29,118
Lease liabilities
Finance lease liabilities	Other liabilities	$	4,081	Capital lease liabilities	Other Liabilities	$	4,098
Operating lease liabilities	Other liabilities	$	24,222	n/a

Lease expense for finance and operating leases as included in our Consolidated Financial Statements are as follows:

Lease expense (in thousands)		Year Ended
		December 31,
Description	Financial Statement Classification	2019
Finance lease expense
Amortization of right-of-use assets	Interest expense	$	17
Interest on lease liabilities	Interest expense	103
Operating lease cost	General and administrative expense, Property operating and maintenance	3,474
Variable lease cost	Property operating and maintenance	1,584
Total lease expense		$	5,178

		Year Ended
Description	Financial Statement Classification	December 31, 2018		December 31, 2017
Capital lease expense
Amortization of lease	Interest expense	$	16	$	—
Interest on lease liabilities	Interest expense	104		—
Operating lease expense	General and administrative expense, Property operating and maintenance	3,310		3,303
Below market ground lease amortization expense	Property operating and maintenance	821		1,017
Total lease expense		$	4,251	$	4,320