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SIGNIFICANT ACCOUNTING POLICIES (Tables) | 12 Months Ended
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Dec. 31, 2022
Accounting Policies [Abstract] |
Operating Lease, Lease Income [Table Text Block] | The table below presents the components of Income from real estate operations for the years ended December 31, 2022, 2021 and 2020:
|  |  |  |  | Years Ended December 31, |  |
|  |  |  |  | 2022 |  | 2021 |  | 2020 |  |
|  |  |  |  | (In thousands)
Lease income — operating leases |  |  |  |  | $ | 364,957 |  |  | 306,658 |  |  | 271,094 |  |  |
Variable lease income (1) |  |  |  |  | 121,860 |  |  | 102,754 |  |  | 91,575 |  |  |
Income from real estate operations |  |  |  |  | $ | 486,817 |  |  | 409,412 |  |  | 362,669 |  |  |
(1)Primarily includes tenant reimbursements for real estate taxes, insurance and common area maintenance.
Future Minimum Rental Receipts Under Non-cancelable Leases [Table Text Block] | The following schedule indicates approximate future minimum rental receipts under non-cancelable leases for real estate properties by year as of December 31, 2022:
Years Ending December 31, |  | (In thousands)
2023 |  | $ | 390,062 |
2024 |  | 355,906 |
2025 |  | 300,660 |
2026 |  | 237,066 |
2027 |  | 159,994 |
Thereafter |  | 383,192 |
Total minimum receipts |  | $ | 1,826,880 |
Federal Income Tax Treatment of Share Distributions | The following table summarizes the federal income tax treatment for all distributions by the Company for the years ended 2022, 2021 and 2020. Federal Income Tax Treatment of Share Distributions
| Years Ended December 31,
| 2022 |  | 2021 |  | 2020
Common Share Distributions: | (Per share)
Ordinary dividends | $ | 4.53746 |  |  | 3.61656 |  |  | 3.32868 |
Nondividend distributions | — |  |  | — |  |  | — |
Unrecaptured Section 1250 capital gain | — |  |  | — |  |  | — |
Other capital gain | — |  |  | — |  |  | — |
Total Common Share Distributions | $ | 4.53746 |  |  | 3.61656 |  |  | 3.32868 |
Projected amortization of in-place lease intangibles for the next five years | Projected amortization of in-place lease intangibles for the next five years as of December 31, 2022 is as follows:
Years Ending December 31, |  | (In thousands)
2023 |  | $ | 7,353 |
2024 |  | 5,561 |
2025 |  | 4,343 |
2026 |  | 2,482 |
2027 |  | 652 |
Assets Acquired and Liabilities Assumed | The following table summarizes the allocation of the total consideration for the acquired assets and assumed liabilities in connection with the real estate property acquisitions during the years ended December 31, 2022, 2021 and 2020.
|  | Costs Incurred During the Years Ended December 31,
ACQUIRED ASSETS AND ASSUMED LIABILITIES |  | 2022 |  | 2021 |  | 2020
|  | (In thousands)
Land |  | $ | 127,402 |  |  | 42,554 |  |  | 23,565 |
Buildings and building improvements |  | 335,335 |  |  | 225,645 |  |  | 42,024 |
Tenant and other improvements |  | 11,502 |  |  | 4,907 |  |  | 7,971 |
Right of use assets — Ground leases (operating) |  | — |  |  | 12,708 |  |  | — |
Total real estate properties acquired |  | 474,239 |  |  | 285,814 |  |  | 73,560 |
In-place lease intangibles (1) |  | 11,871 |  |  | 9,949 |  |  | 3,257 |
Above market lease intangibles (1) |  | — |  |  | 6 |  |  | 104 |
Below market lease intangibles (2) |  | (4,059) |  |  | (3,836) |  |  | (403) |
Operating lease liabilities — Ground leases (3) |  | — |  |  | (12,708) |  |  | — |
Total assets acquired, net of liabilities assumed |  | $ | 482,051 |  |  | 279,225 |  |  | 76,518 |
(1)In-place lease intangibles and above market lease intangibles are each included in Other assets on the Consolidated Balance Sheets. These costs are amortized over the remaining lives of the associated leases in place at the time of acquisition. (2)Below market lease intangibles are included in Other liabilities on the Consolidated Balance Sheets. These costs are amortized over the remaining lives of the associated leases in place at the time of acquisition. (3)Operating lease liabilities - Ground leases are included in Other liabilities on the Consolidated Balance Sheets.

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- Definition Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=123413009&loc=d3e4845-128472 + Details
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