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Commitments and Contingencies (Tables)
12 Months Ended
Dec. 31, 2021
Commitments and Contingencies Disclosure [Abstract]  
Summary of Weighted Average Remaining Lease Term and Discount Rates
The following table details the weighted average remaining lease term and discount rates for the Company’s ground and office leases:
Weighted-average remaining lease term - finance leases24 years
Weighted-average remaining lease term - operating leases38 years
Weighted-average discount rate - finance leases4.63 %
Weighted-average discount rate - operating leases4.61 %
Reconciliation of Undiscounted and Discounted Cash Flows for Finance Leases
The following tables detail the future minimum lease payments under the Company's current leases and a reconciliation of undiscounted and discounted cash flows for operating and finance leases (dollars in thousands):
 Payments due by period
 20222023202420252026Thereafter
Operating Lease Obligations$13,797 $13,558 $13,324 $13,575 $13,358 $290,869 
Finance Lease Obligations1,082 1,084 1,087 1,089 1,092 37,952 
$14,879 $14,642 $14,411 $14,664 $14,450 $328,821 
 Total undiscounted
cash flows
Total lease
liabilities
Difference between
discounted and
undiscounted cash flows
Operating Lease Obligations$358,481 $146,377 $212,104 
Finance Lease Obligations43,386 20,120 23,266 
$401,867 $166,497 $235,370 
Reconciliation of Undiscounted and Discounted Cash Flows for Operating Leases
The following tables detail the future minimum lease payments under the Company's current leases and a reconciliation of undiscounted and discounted cash flows for operating and finance leases (dollars in thousands):
 Payments due by period
 20222023202420252026Thereafter
Operating Lease Obligations$13,797 $13,558 $13,324 $13,575 $13,358 $290,869 
Finance Lease Obligations1,082 1,084 1,087 1,089 1,092 37,952 
$14,879 $14,642 $14,411 $14,664 $14,450 $328,821 
 Total undiscounted
cash flows
Total lease
liabilities
Difference between
discounted and
undiscounted cash flows
Operating Lease Obligations$358,481 $146,377 $212,104 
Finance Lease Obligations43,386 20,120 23,266 
$401,867 $166,497 $235,370 
Future Minimum Lease Payments Under Current Leases
The following tables detail the future minimum lease payments under the Company's current leases and a reconciliation of undiscounted and discounted cash flows for operating and finance leases (dollars in thousands):
 Payments due by period
 20222023202420252026Thereafter
Operating Lease Obligations$13,797 $13,558 $13,324 $13,575 $13,358 $290,869 
Finance Lease Obligations1,082 1,084 1,087 1,089 1,092 37,952 
$14,879 $14,642 $14,411 $14,664 $14,450 $328,821 
 Total undiscounted
cash flows
Total lease
liabilities
Difference between
discounted and
undiscounted cash flows
Operating Lease Obligations$358,481 $146,377 $212,104 
Finance Lease Obligations43,386 20,120 23,266 
$401,867 $166,497 $235,370