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Operating Leases
6 Months Ended
Jun. 30, 2021
Leases [Abstract]  
Operating Leases Operating Leases
A. At June 30, 2021, we owned 6,761 properties in all 50 U.S. states, Puerto Rico, and the U.K. Of the 6,761 properties, 6,715, or 99.3%, are single-client properties, and the remaining are multi-client properties. At June 30, 2021, 103 properties were available for lease or sale.
Substantially all of our leases are net leases where our client pays or reimburses us for property taxes and assessments, maintains the interior and exterior of the building and leased premises, and carries insurance coverage for public liability, property damage, fire and extended coverage.
Rent based on a percentage of our client's gross sales, or percentage rents, for the three months ended June 30, 2021 and 2020 was $596,000 and $547,000, respectively. Percentage rents for the six months ended June 30, 2021 and 2020 were $1.6 million and $1.8 million, respectively.
B. Major Clients - No individual client’s rental revenue, including percentage rents, represented more than 10% of our total revenue for each of the six months ended June 30, 2021 and 2020.