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Leases Lessee, Lease Costs and Other Information (Details)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2019
USD ($)
Sep. 30, 2019
USD ($)
Leases [Abstract]    
Finance leases under development 3 3
Operating lease costs $ 3,637 $ 10,970
Finance Lease, Amortization of right of use asset 12 [1] 14 [1]
Finance Lease, Interest on lease liabilities $ 12 [2] $ 36 [2]
Operating Lease, Weighted Average Remaining Lease Term 51 years 51 years
Finance Lease, Weighted Average Remaining Lease Term 72 years 72 years
Operating Lease, Weighted Average Discount Rate, Percent 5.70% 5.70%
Finance Lease, Weighted Average Discount Rate, Percent 6.20% 6.20%
[1]
The finance leases relate to either land, buildings or assets that remain in development. For land leases classified as finance leases because of a purchase option that the Company views as an economic incentive, the Company follows its existing policy and does not depreciate land because it is assumed to
have an indefinite life. For all other finance leases, the Company would amortize the right of use asset over the shorter of the useful life of the asset or the lease term. If the finance lease relates to a property under development, the amortization of the right of use asset may be eligible for capitalization. For assets under development, depreciation may commence once the asset is placed in-service and depreciation would be recognized in accordance with the Company’s policy.
[2]
Three of the finance leases relate to assets under development and as such, the entire interest amount was capitalized.