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Summary of Significant Accounting Policies and Recent Accounting Pronouncements (Tables) | 3 Months Ended
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Mar. 31, 2024
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 2024 | $ | 712.0 |
2025 | 137.7 |
2026 | 3.8 |
2027 | 3.3 |
2028 | 3.0 |
Thereafter | 6.2 |
Total | $ | 866.0 |

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