XML 47 R38.htm IDEA: XBRL DOCUMENT v3.23.2
Leases (Tables)
6 Months Ended
Jun. 30, 2023
Leases [Abstract]  
Schedule of Components of Leasing Revenue
The following table summarizes the components of leasing revenue for the three and six months ended June 30, 2023 and 2022:
For the Three Months Ended June 30,For the Six Months Ended June 30,
2023202220232022
Leasing revenue—fixed payments$141,247 $135,048 $281,753 $270,257 
Leasing revenue—variable payments50,782 52,099 108,298 120,869 
Recovery of doubtful accounts, net624 1,443 1,647 876 
$192,653 $188,590 $391,698 $392,002 
Schedule of Minimum Rental Payments
The following table summarizes the future rental payments to the Company:
Twelve months ending June 30, 
2024$410,047 
2025345,032 
2026278,745 
2027219,212 
2028164,721 
Thereafter520,209 
$1,937,966 
Schedule of Lease Costs
The following table summarizes the lease costs for the three and six months ended June 30, 2023 and 2022:
For the Three Months Ended June 30,For the Six Months Ended June 30,
2023202220232022
Operating lease costs$3,290 $3,775 $7,084 $7,550 
Finance lease costs:
   Amortization of ROU assets484 482 969 963 
   Interest on lease liabilities92 108 260 302 
$3,866 $4,365 $8,313 $8,815 
Schedule of Minimum Future Rental Payments Required The following table summarizes the future rental payments required under the leases:        
June 30, 2023December 31, 2022
Year ending December 31,Operating
Leases
Finance LeasesOperating LeasesFinance Leases
2023$5,999 $2,450 $12,255 $2,450 
202411,391 9,478 11,563 9,478 
202511,574 1,400 11,746 1,400 
202611,691 — 11,864 — 
202711,862 — 12,035 — 
Thereafter83,083 — 109,158 — 
Total undiscounted rental payments135,600 13,328 168,621 13,328 
Less imputed interest(58,839)(1,916)(86,315)(723)
Total lease liabilities$76,761 $11,412 $82,306 $12,605 
Weighted average remaining term24.1 years1.2 years32.3 years1.7 years
Weighted average incremental borrowing rate7.1 %3.6 %7.4 %3.7 %
Schedule of Finance Lease, Fiscal Year Maturity The following table summarizes the future rental payments required under the leases:        
June 30, 2023December 31, 2022
Year ending December 31,Operating
Leases
Finance LeasesOperating LeasesFinance Leases
2023$5,999 $2,450 $12,255 $2,450 
202411,391 9,478 11,563 9,478 
202511,574 1,400 11,746 1,400 
202611,691 — 11,864 — 
202711,862 — 12,035 — 
Thereafter83,083 — 109,158 — 
Total undiscounted rental payments135,600 13,328 168,621 13,328 
Less imputed interest(58,839)(1,916)(86,315)(723)
Total lease liabilities$76,761 $11,412 $82,306 $12,605 
Weighted average remaining term24.1 years1.2 years32.3 years1.7 years
Weighted average incremental borrowing rate7.1 %3.6 %7.4 %3.7 %