Organization and Basis of Presentation (Tables)

9 Months Ended

Sep. 30, 2019

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Schedule of future minimum rent payments

. The following schedule indicates the approximate future minimum lease payments for the ground and office leases as of September 30, 2019:

Year	Amount
	(in thousands)
2019 (remainder of year)	$	373
2020	1,370
2021	1,234
2022	1,136
2023	1,035
Thereafter	40,684
Total minimum payments	$	45,832
Imputed interest	(26,941		)
Amortization	(512		)
Lease liabilities	$	18,379
Deferred rent	(715		)
Right of use asset	$	17,664

Future minimum rental payments

Since the Company has applied the provisions on a modified retrospective basis, the following represents approximate future minimum lease payments by year as of December 31, 2018, as applicable under ASC 840, Leases, prior to the adoption of the New Lease Standard.

Year	Amount
	(in thousands)
2019	$	1,512
2020	1,356
2021	1,205
2022	1,082
2023	981
Thereafter	40,799
	$	46,935

Schedule of lease income

The following details the rental income and variable lease income for the three and nine months ended September 30, 2019 (in thousands):

	Three Months Ended		Nine Months Ended
	September 30, 2019		September 30, 2019
Rental income - operating leases - continuing operations	$	127,125	$	371,744
Rental income - operating leases - discontinued operations	6,233		25,481
Variable lease income - operating leases - continuing operations	35,787		107,900
Variable lease income - operating leases - discontinued operations	2,265		8,112

Schedule of lease payments receivable

The following amounts reflect the estimated contractual rents due to the Company for the remainder of terms of the Company's operating leases as of September 30, 2019:

	(in thousands)
Remainder of 2019	$	220,242
2020	500,908
2021	452,679
2022	382,294
2023	314,211
2024	259,139
Thereafter	977,267
Total	$	3,106,740