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Leases (Tables)

9 Months Ended

Sep. 30, 2023

Leases [Abstract]

Schedule of Components of Leasing Revenue

The following table summarizes the components of leasing revenue for the three and nine months ended September 30, 2023 and 2022:

			For the Three Months Ended September 30,												For the Nine Months Ended September 30,
			2023						2022						2023						2022
Leasing revenue—fixed payments			$	142,344					$	139,261					$	424,097					$	409,518
Leasing revenue—variable payments			54,735						55,624						163,033						176,493
Recovery of doubtful accounts, net			226						709						1,873						1,585
			$	197,305					$	195,594					$	589,003					$	587,596

Schedule of Minimum Rental Payments

The following table summarizes the future rental payments to the Company:

Twelve months ending September 30,
2024						$	407,380
2025						340,531
2026						275,457
2027						211,498
2028						160,525
Thereafter						545,805
						$	1,941,196

Schedule of Lease Costs

The following table summarizes the lease costs for the three and nine months ended September 30, 2023 and 2022:

			For the Three Months Ended September 30,												For the Nine Months Ended September 30,
			2023						2022						2023						2022
Operating lease costs			$	3,262					$	3,788					$	10,346					$	11,338
Finance lease costs:
Amortization of ROU assets			487						483						1,456						1,446
Interest on lease liabilities			81						100						341						402
			$	3,830					$	4,371					$	12,143					$	13,186

Schedule of Minimum Future Rental Payments Required

The following table summarizes the future rental payments required under the leases:        

						September 30, 2023												December 31, 2022
Year ending December 31,						Operating Leases						Finance Leases						Operating Leases						Finance Leases
2023						$	3,173					$	2,450					$	12,255					$	2,450
2024						11,391						9,478						11,563						9,478
2025						11,574						1,400						11,746						1,400
2026						11,691						—						11,864						—
2027						11,862						—						12,035						—
Thereafter						83,083						—						109,158						—
Total undiscounted rental payments						132,774						13,328						168,621						13,328
Less imputed interest						(57,652)						(2,724)						(86,315)						(723)
Total lease liabilities						$	75,122					$	10,604					$	82,306					$	12,605
Weighted average remaining term						24.1 years						0.9 years						32.3 years						1.7 years
Weighted average incremental borrowing rate						7.1		%				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:        

						September 30, 2023												December 31, 2022
Year ending December 31,						Operating Leases						Finance Leases						Operating Leases						Finance Leases
2023						$	3,173					$	2,450					$	12,255					$	2,450
2024						11,391						9,478						11,563						9,478
2025						11,574						1,400						11,746						1,400
2026						11,691						—						11,864						—
2027						11,862						—						12,035						—
Thereafter						83,083						—						109,158						—
Total undiscounted rental payments						132,774						13,328						168,621						13,328
Less imputed interest						(57,652)						(2,724)						(86,315)						(723)
Total lease liabilities						$	75,122					$	10,604					$	82,306					$	12,605
Weighted average remaining term						24.1 years						0.9 years						32.3 years						1.7 years
Weighted average incremental borrowing rate						7.1		%				3.6		%				7.4		%				3.7		%

X

- Definition

Tabular disclosure of undiscounted cash flows of finance lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to finance lease liability recognized in statement of financial position.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 842
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147478964/842-20-50-6

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- Definition

Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 842
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 4
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147478964/842-20-50-4

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- Definition

Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 842
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147478964/842-20-50-6

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- 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
-Topic 842
-SubTopic 30
-Name Accounting Standards Codification
-Section 50
-Paragraph 12
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479773/842-30-50-12

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- Definition

Tabular disclosure of components of income from operating lease.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 842
-SubTopic 30
-Name Accounting Standards Codification
-Section 50
-Paragraph 5
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479773/842-30-50-5

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Topic 270
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 6A
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482964/270-10-50-6A

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