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Leases (Tables)
 12 Months Ended
Dec. 31, 2024
Leases [Abstract]  
Lessee, Operating Lease, Liability, Maturity
The following is a schedule of the maturities of operating lease liabilities for the next five years as of December 31, 2024, and thereafter:
2025$2,638 
20262,130 
20271,676 
20281,429 
20291,144 
Thereafter41,169 
Total Lease Payments50,186 
Less Imputed Interest (A)
(32,578)
Total$17,608 
(A) Calculated using the discount rate for each lease.
Lessor, Operating Lease, Payments to be Received, Maturity
Our properties and certain land parcels are leased to tenants and classified as operating leases. For the years ended December 31, 2024, 2023 and 2022, we recognized lease revenue of $660,967, $602,294 and $532,237, respectively, including variable lease payments of $146,568, $131,823 and $119,810, respectively. Variable lease payments primarily consist of tenant reimbursements of property operating expenses. Future minimum rental receipts, excluding variable payments, under non-cancelable operating leases that commenced prior to December 31, 2024 are approximately as follows:
2025$519,602 
2026496,508 
2027440,806 
2028356,966 
2029266,977 
Thereafter663,379 
Total$2,744,238