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LEASE INFORMATION (Tables)
 12 Months Ended
Dec. 31, 2022
Leases [Abstract]  
Summary of Rental Income Related to Operating Leases
Rental income related to the Company’s operating leases is comprised of the following for the years ended December 31, 2022, 2021 and 2020, respectively (in thousands):
Year Ended December 31,
202220212020
Fixed contractual lease payments – operating leases$615,773 $292,873 $218,004 
Variable lease payments – operating leases151,304 69,422 52,128 
Bad debt reserve(6,027)(2,897)(13,259)
Straight-line rent adjustments17,031 4,674 1,155 
Straight-line rent (reserve) recovery for uncollectibility(553)716 (4,177)
Amortization of in-place lease liabilities, net4,821 2,611 3,819 
Total$782,349 $367,399 $257,670 
Schedule of Future Minimum Lease Payments to be Received
As of December 31, 2022, future minimum rentals to be received under non-cancelable operating leases for each of the next five years and thereafter, excluding variable lease payments and amounts deferred under lease concession agreements, are as follows (in thousands):
Lease Payments
2023$613,776 
2024552,465 
2025474,145 
2026402,393 
2027323,087 
Thereafter1,088,663 
Total$3,454,529 
Schedule of Future Minimum Rental Payments for Operating Leases
As of December 31, 2022, future minimum lease payments due under ground leases for each of the next five years and thereafter are as follows (in thousands):
Lease Obligations
2023$5,035 
20245,044 
20255,168 
20265,174 
20275,218 
Thereafter110,623 
$136,262 
Adjustment for discounting(69,095)
Lease liabilities as of December 31, 2022$67,167