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Leases (Tables)
 3 Months Ended
Mar. 31, 2023
Leases [Abstract]  
Future Minimum Operating Lease Payments Receivable
Future lease payments under the non-cancelable operating leases, excluding any reimbursements and the sale-type lease, as of March 31, 2023 were as follows:
Dollars in thousandsOPERATING
2023$695,787 
2024833,006 
2025720,985 
2026620,118 
2027539,486 
2028 and thereafter1,854,402 
$5,263,784 
Future Minimum Operating Lease Payments
The Company’s future lease payments (primarily for its 167 non-prepaid ground leases) as of March 31, 2023 were as follows:
Dollars in thousandsOPERATINGFINANCING
2023$11,188 $1,491 
202415,239 2,182 
202514,827 2,218 
202614,863 2,255 
202714,933 2,294 
2028 and thereafter939,392 396,398 
Total undiscounted lease payments1,010,442 406,838 
Discount(730,805)(333,645)
Lease liabilities$279,637 $73,193 
Future Minimum Financing Lease Payments
The Company’s future lease payments (primarily for its 167 non-prepaid ground leases) as of March 31, 2023 were as follows:
Dollars in thousandsOPERATINGFINANCING
2023$11,188 $1,491 
202415,239 2,182 
202514,827 2,218 
202614,863 2,255 
202714,933 2,294 
2028 and thereafter939,392 396,398 
Total undiscounted lease payments1,010,442 406,838 
Discount(730,805)(333,645)
Lease liabilities$279,637 $73,193 
Lease Cost
The following table provides details of the Company's total lease expense for the three months ended March 31, 2023 and 2022:
THREE MONTHS ENDED
March 31,
Dollars in thousands20232022
Operating lease cost
Operating lease expense$5,107 $1,215 
Variable lease expense2,136 1,024 
Finance lease cost
Amortization of right-of-use assets388 172 
Interest on lease liabilities918 287 
Total lease expense$8,549 $2,698 
Other information
Operating cash flows outflows related to operating leases$5,960 $2,797 
Operating cash flows outflows related to financing leases$553 $258 
Financing cash flows outflows related to financing leases$101 $257 
Right-of-use assets obtained in exchange for new finance lease liabilities$— $40,589 
Weighted-average years remaining lease term (excluding renewal options) - operating leases47.447.6
Weighted-average years remaining lease term (excluding renewal options) - finance leases58.761.9
Weighted-average discount rate - operating leases5.8 %5.6 %
Weighted-average discount rate - finance leases5.0 %5.0 %