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Summary of Significant Accounting Policies and Recent Accounting Pronouncements (Tables) | 6 Months Ended
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Jun. 30, 2022
Accounting Policies [Abstract] |
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
Revenue Recognition, Leases | We currently anticipate property revenue from existing leases as follows:
(in millions) |
Year ended December 31, | Operating Leases
Remainder of 2022 | $ | 536.9 |
2023 | 328.2 |
2024 | 4.1 |
2025 | 3.3 |
2026 | 3.0 |
Thereafter | 8.5 |
Total | $ | 884.0 |

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- Definition Disclosure of accounting policy for revenue recognition for leases entered into by lessor. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section 50 -Paragraph 4 -Subparagraph (f) -URI https://asc.fasb.org/extlink&oid=126899994&loc=d3e18823-107790 + Details
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