Rental and Other Revenues; Rental Property and Other Expenses

12 Months Ended

Dec. 31, 2016

Rental and Other Revenues; Rental Property And Other Expenses [Abstract]

Rental and Other Revenues; Rental Property and Other Expenses

Rental and Other Revenues; Rental Property and Other Expenses

Our real estate assets are leased to customers under operating leases. The minimum rental amounts under the leases are generally subject to scheduled fixed increases. Generally, the leases also provide that we receive cost recovery income from customers for increases in certain costs above the costs incurred during a contractually specified base year. The following table sets forth our rental and other revenues from continuing operations:

	Year Ended December 31,
	2016		2015		2014
Contractual rents, net	$	561,242	$	513,909	$	476,684
Straight-line rental income, net	23,909		22,054		21,045
Cost recovery income, net	48,730		45,247		39,112
Lease termination fees	2,311		990		658
Other miscellaneous operating revenues	29,442		22,471		18,372
	$	665,634	$	604,671	$	555,871

The following table sets forth our scheduled future minimum base rents to be received from customers for leases in effect at December 31, 2016 for the properties that we wholly own:

2017	$	590,003
2018	566,742
2019	505,687
2020	427,392
2021	367,053
Thereafter	1,247,247
	$	3,704,124

The following table sets forth our rental property and other expenses from continuing operations:

	Year Ended December 31,
	2016		2015		2014
Utilities, insurance and real estate taxes	$	124,940	$	117,470	$	113,226
Maintenance, cleaning and general building	86,221		79,091		74,109
Property management and administrative expenses	12,588		12,446		12,093
Other miscellaneous operating expenses	7,336		6,934		6,456
	$	231,085	$	215,941	$	205,884