XML 43 R23.htm IDEA: XBRL DOCUMENT v3.19.2

Leases (Tables)

6 Months Ended

Jun. 30, 2019

Leases

Summary of lease income

The following table includes information regarding the Company’s operating leases for which it is the lessor, for the three and six months ended June 30, 2019 and as of period end. (presented in thousands)

​	​	​	​	​	​	​	​	​
​	​	Three months ended		​	​	Six months ended		​
​	​	June 30, 2019				June 30, 2019		​
Total Lease Payments	​	$	46,434	​	​	$	90,608	​
Less: Variable Lease Payments	​		(4,899)	​	​		(10,299)	​
Total Non-Variable Lease Payments	​	$	41,535	​	​	$	80,309	​

Summary of lease income to be received

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

2019

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Year Ending December 31,

(remaining)

​

2020

2021

2022

2023

Thereafter

Total

Lease Payments Receivable

​

$

86,566

​

$

172,582

$

169,688

$

166,215

$

161,958

​

$

1,066,487

$

1,823,496

Summary of lease costs

The following tables include information on the Company’s land leases for which it is the lessee, for the three and six months ended June 30, 2019 and as of year end. (presented in thousands)

​	​	​	​	​	​	​	​	​
​	​	Three months ended		​	​	Six months ended		​
​		June 30, 2019		​	​	June 30, 2019		​
Operating Lease Costs	​	$	368	​	​	$	571	​
Variable Lease Costs	​		—	​	​		—	​
Total Non-Variable Lease Costs	​	$	368	​	​	$	571	​
​	​	​	​	​	​	​	​	​
Supplemental Disclosure	​	​	​	​	​	​	​	​
Operating cash outflows on operating leases	​	$	311	​	​	$	509	​
​	​	​	​	​	​	​	​	​
Right-of-use assets obtained in exchange for new operating lease liabilities	​	$	-	​	​	$	19,672	​
​	​	​	​	​	​	​	​	​
Weighted-average remaining lease term - operating leases (years)	​	​	37.0	​	​	​	37.0	​
​	​	​	​	​	​	​	​	​
Weighted-average discount rate - operating leases	​	​	4.13	%	​	​	4.13	%

Summary of maturity analysis of lease liabilities

Maturity Analysis of Lease Liabilities (presented in thousands)

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

2019

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Year Ending December 31,

(remaining)

​

2020

2021

2022

2023

Thereafter

Total

Lease Payments

​

$

623

​

$

1,245

$

1,191

$

965

$

965

​

$

35,883

$

40,872

Less: Imputed Interest

​

(400)

​

​

(785)

​

(766)

​

(753)

​

(744)

​

(17,983)

​

(21,431)

Total Lease Liabilities

​

$

223

​

$

460

$

425

$

212

$

221

​

$

17,900

$

19,441

​

X

- Definition

Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 842
-SubTopic 20
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=77888426&loc=SL77918686-209980

+ Details

Name:	us-gaap_LeaseCostTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_LeasesAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 842
-SubTopic 20
-Section 50
-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=77888426&loc=SL77918701-209980

+ Details

Name:	us-gaap_LesseeOperatingLeaseLiabilityMaturityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- 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

Name:	us-gaap_LessorOperatingLeasePaymentsToBeReceivedMaturityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of components of income from operating lease.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 842
-SubTopic 30
-Section 50
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=119202524&loc=SL77919372-209981

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 270
-SubTopic 10
-Section 50
-Paragraph 6A
-URI http://asc.fasb.org/extlink&oid=118952077&loc=SL77927221-108306

+ Details

Name:	us-gaap_OperatingLeaseLeaseIncomeTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration