Lease Arrangements (Tables)

3 Months Ended

Mar. 31, 2023

Leases [Abstract]

Lease Income for Residential and Commercial Property Leases

For the three months ended March 31, 2023 and 2022, our total lease income was comprised of the following amounts for all residential and commercial property leases (in thousands):

	Three Months Ended March 31,
	2023		2022
Fixed lease income	$	41,005	$	46,333
Variable lease income		3,161		3,661
Total lease income	$	44,166	$	49,994

Minimum Annual Rental Payments Under Operating , Financing Leases and Sublease Income

Combined minimum annual lease payments under operating and finance leases, and sublease income that offsets our operating lease rent, are as follows (in thousands):

	Sublease Income and Lease Modification Income		Operating Lease Future Minimum Rent			Finance Leases Future Minimum Payments
Remainder of 2023	$	1,054	$	1,533		$	2,304
2024		1,413		2,264			4,314
2025		1,423		2,302			4,490
2026		1,433		2,341			4,954
2027		1,443		2,380			5,483
Thereafter		2,083		3,024			1,433,295
Total	$	8,849	$	13,844		$	1,454,840
Less: Discount				(1,391	)		(1,338,628	)
Total lease liabilities			$	12,453		$	116,212