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Rental Income | 12 Months Ended
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Dec. 31, 2019
Leases [Abstract] |
Rental Income | Rental Income The Operating Partnership is the lessor and the sublessor to tenants under operating leases with expiration dates ranging from January 1, 2020 to 2052. The minimum rental amounts due under the leases are generally either subject to scheduled fixed increases or adjustments. The leases generally also require that the tenants reimburse us for increases in certain operating costs and real estate taxes above their base year costs. Approximate future minimum rents to be received over the next five years and thereafter for non-cancelable operating leases in effect at December 31, 2019 for the consolidated properties, including consolidated joint venture properties, and our share of unconsolidated joint venture properties are as follows (in thousands):
|  | Consolidated Properties |  | Unconsolidated Properties
2020 |  | $ | 799,001 |  |  | $ | 390,725 |
2021 |  | 651,815 |  |  | 397,524 |
2022 |  | 600,912 |  |  | 380,598 |
2023 |  | 536,835 |  |  | 354,621 |
2024 |  | 496,476 |  |  | 325,459 |
Thereafter |  | 2,938,340 |  |  | 1,986,928 |
|  | $ | 6,023,379 |  |  | $ | 3,835,855 |
As of December 31, 2018, under ASC 840, approximate future minimum rents to be received over the next five years and thereafter for non-cancelable operating leases for the consolidated properties, including consolidated joint venture properties, and our share of unconsolidated joint venture properties are as follows (in thousands):
|  | Consolidated Properties |  | Unconsolidated Properties
2019 |  | $ | 830,336 |  |  | $ | 348,060 |
2020 |  | 765,610 |  |  | 375,228 |
2021 |  | 625,956 |  |  | 380,886 |
2022 |  | 562,250 |  |  | 348,222 |
2023 |  | 500,499 |  |  | 333,501 |
Thereafter |  | 3,272,014 |  |  | 2,098,995 |
|  | $ | 6,556,665 |  |  | $ | 3,884,892 |
The components of lease revenues were as follows (in thousands):
|  | Twelve Months Ended December 31, 2019 |  | Twelve Months Ended December 31, 2018
Fixed lease payments |  | $ | 858,587 |  |  | $ | 858,160 |
Variable lease payments |  | 120,496 |  |  | 113,596 |
Total lease payments |  | $ | 979,083 |  |  | $ | 971,756 |
Amortization of acquired above and below-market leases |  | 4,474 |  |  | 6,818 |
Total rental revenue |  | $ | 983,557 |  |  | $ | 978,574 |

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- Definition The entire disclosure for lessor's operating leases. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -SubTopic 10 -Section 55 -Paragraph 40 -Subparagraph Note 1 -URI http://asc.fasb.org/extlink&oid=82846649&loc=d3e38371-112697 Reference 2: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -SubTopic 10 -Section 55 -Paragraph 40 -Subparagraph Note 3 -URI http://asc.fasb.org/extlink&oid=82846649&loc=d3e38371-112697 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 30 -URI http://asc.fasb.org/subtopic&trid=77888252 + Details
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