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Revenue Recognition (Tables) | 6 Months Ended
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Jun. 30, 2019
Revenue Recognition [Abstract] |
Lessor, Operating Lease, Payments to be Received, Maturity | As of June 30, 2019, the fixed contractual lease payments to be received over the next five years pursuant to the terms of non-cancelable operating leases are included in the table below, assuming that no leases are renewed and no renewal options are exercised. Additionally, the table does not include variable lease payments which may be received under certain leases for percentage rents or the reimbursement of property operating expenses, including common area expenses, utilities, insurance and real estate taxes. These variable lease payments are recognized in the period when the applicable expenditures are incurred or, in the case of percentage rents, when the sales data is made available.
Year ending December 31, |  | Operating Leases
2019 (remaining six months) |  | $ | 425,074 |
2020 |  | 788,053 |
2021 |  | 679,989 |
2022 |  | 567,552 |
2023 |  | 468,037 |
Thereafter |  | 1,639,648 |
Operating Leases, Future Minimum Payments Receivable | Future minimum annual base rents as of and in-place at December 31, 2018 to be received over the next five years pursuant to the terms of non-cancelable operating leases are included in the table below, assuming that no leases are renewed and no renewal options are exercised. Future minimum annual base rents also do not include payments which may be received under certain leases for percentage rent or the reimbursement of property operating expenses, including common area expenses, utilities, insurance and real estate taxes.
Year ending December 31, |  | Operating Leases
2019 |  | $ | 811,381 |
2020 |  | 709,230 |
2021 |  | 599,367 |
2022 |  | 490,087 |
2023 |  | 392,892 |
Thereafter |  | 1,368,278 |

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- Definition Tabular disclosure of maturity of undiscounted cash flows to be received by lessor on annual basis for operating lease. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 30 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=119202524&loc=SL77919396-209981 + Details
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- References No definition available. + Details
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