Leasing Activity

12 Months Ended

Dec. 31, 2010

LEASING ACTIVITY

7. LEASING ACTIVITY

Future minimum rental payments due from tenants under noncancelable operating leases as of December 31, 2010 are as follows (in thousands):

2011	$	494,328
2012		446,437
2013		389,111
2014		321,221
2015		256,225
Thereafter		817,299
TOTAL	$	2,724,621

In addition to minimum rental payments, most leases require the tenants to pay for their pro rata share of specified operating expenses. These payments are included as operating expense reimbursement in the accompanying consolidated statements of operations.

LIBERTY PROPERTY LIMITED PARTNERSHIP

LEASING ACTIVITY

7. LEASING ACTIVITY

Future minimum rental payments due from tenants under noncancelable operating leases as of December 31, 2010 are as follows (in thousands):

2011	$	494,328
2012		446,437
2013		389,111
2014		321,221
2015		256,225
Thereafter		817,299
TOTAL	$	2,724,621

In addition to minimum rental payments, most leases require the tenants to pay for their pro rata share of specified operating expenses. These payments are included as operating expense reimbursement in the accompanying consolidated statements of operations.