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Basis of Presentation, Consolidation, Investments in Joint Ventures, and Noncontrolling Interests (Tables)
6 Months Ended
Jun. 30, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of Investment Properties
The composition of the Company’s investment properties as of June 30, 2021 and December 31, 2020 was as follows:
Balance at
June 30,
2021
December 31,
2020
Investment properties, at cost:  
Land, buildings and improvements$3,103,206 $3,109,122 
Furniture, equipment and other7,097 6,979 
Construction in progress36,830 27,860 
 $3,147,133 $3,143,961 
Schedule of Lease Rental Income
The Company recognized the following lease rental income for the three and six months ended June 30, 2021 and 2020:
Three Months Ended June 30,Six Months Ended June 30,
2021202020212020
Fixed Contractual Lease Payments - Operating Leases54,398 54,574 109,201 109,918 
Variable Lease Payments - Operating Leases12,148 12,437 26,078 25,388 
Bad Debt Reserve(61)(5,746)(1,370)(6,593)
Straight-Line Rent Adjustment426 387 524 745 
Straight-Line Rent Recovery (Reserve) for Uncollectability658 (881)547 (3,757)
Amortization of In-Place Lease Liabilities, net421 767 900 1,365 
Total67,990 61,538 135,880 127,066 
Schedule of Stockholders Equity The non-redeemable noncontrolling interests in consolidated properties for the six months ended June 30, 2021 and 2020 were as follows:
 20212020
Noncontrolling interests balance January 1$698 $698 
Net income allocable to noncontrolling interests,
  excluding redeemable noncontrolling interests
— — 
Noncontrolling interests balance at June 30$698 $698 
Schedule of Weighted Average Interests of Parent and OP For the three and six months ended June 30, 2021 and 2020, the weighted average interests of the Parent Company and the limited partners in the Operating Partnership were as follows:
 
Three Months Ended June 30,Six Months Ended
June 30,
 2021202020212020
Parent Company’s weighted average interest in Operating Partnership97.2 %97.4 %97.1 %97.4 %
Limited partners' weighted average interests in Operating Partnership 2.8 %2.6 %2.9 %2.6 %
Schedule of Redeemable Noncontrolling Interests
The redeemable noncontrolling interests in the Operating Partnership and subsidiaries for the six months ended June 30, 2021 and 2020 were as follows:
 20212020
Redeemable noncontrolling interests balance January 1$43,275 $52,574 
Net income allocable to redeemable noncontrolling interests926 188 
Distributions declared to redeemable noncontrolling interests(1,065)(974)
Other, net including adjustments to redemption value14,231 (7,159)
Total limited partners' interests in Operating Partnership and other redeemable noncontrolling interests balance at June 30$57,367 $44,629 
Limited partners' interests in Operating Partnership$47,297 $34,559 
Other redeemable noncontrolling interests in certain subsidiaries10,070 10,070 
Total limited partners' interests in Operating Partnership and other redeemable noncontrolling interests balance at June 30$57,367 $44,629