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Summary of Significant Accounting Policies and Recent Accounting Pronouncements (Tables)

3 Months Ended

Mar. 31, 2021

Accounting Policies [Abstract]

Revenue Recognition Leases, Operating

We currently anticipate property revenue from existing leases as follows:

(in millions)
Year ended December 31,			Operating Leases
Remainder of 2021			$	497.2
2022			89.3
2023			4.2
2024			3.4
2025			2.7
Thereafter			6.9
Total			$	603.7

Expected useful lives of depreciable property

Depreciation and amortization is computed over the expected useful lives of depreciable property on a straight-line basis with lives generally as follows:

			Estimated Useful Life
Buildings and improvements			5-35 years
Furniture, fixtures, equipment, and other			3-20 years
Intangible assets/liabilities (in-place leases and above and below market leases)			underlying lease term

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Expected useful lives of depreciable property including buildings and improvements, furniture, fixtures, equipment and other, and intangible assets such as in-place leases and above and below market leases.

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Disclosure of accounting policy for revenue recognition for operating leases.

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