XML 73 R51.htm IDEA: XBRL DOCUMENT
v3.22.0.1

Rental Income and Future Minimum Rent (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2021
Leases [Abstract] |
Schedule of Rental Income | The table below sets forth the allocation of rental income between fixed and variable payments and collectability reversals for the years ended December 31, 2021 and 2020:
| Year Ended December 31,
| 2021 |  | 2020
Fixed lease payments | $ | 826,883 |  |  | $ | 786,860 |
Variable lease payments | 123,544 |  |  | 124,443 |
Net collectability reversals (1) | (1,433) |  |  | (18,997) |
Total rental income | $ | 948,994 |  |  | $ | 892,306 |
____________________ (1)Represents adjustments to rental income related to our assessment of the collectability of amounts due under leases with our tenants, including allowances for uncollectible receivables (refer to Note 6 “Receivables” for additional information) and leases deemed not probable of collection under Topic 842. For the year ended December 31, 2021, the adjustments are reduced by the recognition of deferred rent balances associated with tenants restored from a cash basis of revenue recognition to an accrual basis to revenue recognition.
Future Contractual Minimum Rent Under Operating Lease | Future contractual minimum rent under operating leases, which includes amounts contractually due from leases that are on a cash basis of reporting due to creditworthiness considerations, as of December 31, 2021 for future periods is summarized as follows:
Year Ending | (in thousands)
2022 | $ | 791,090 |
2023 | 810,679 |
2024 | 770,892 |
2025 | 724,452 |
2026 | 678,857 |
Thereafter | 2,862,122 |
Total (1) | $ | 6,638,092 |
____________________ (1)Excludes residential leases and leases with a term of one year or less.

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 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=124258985&loc=SL77919396-209981 + Details
Name: | us-gaap_LessorOperatingLeasePaymentsToBeReceivedMaturityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types: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=124258985&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=124502072&loc=SL77927221-108306 + Details
Name: | us-gaap_OperatingLeaseLeaseIncomeTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration