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Leases (Tables)
6 Months Ended
Jun. 30, 2024
Leases [Abstract]  
Schedule of lease revenue recognized between fixed and variable lease revenue The table below sets forth our composition of lease revenue recognized between fixed- and variable-lease revenue (in thousands):
For the Three Months Ended June 30,For the Six Months Ended June 30,
Lease revenue 2024202320242023
Fixed$127,363 $118,461 $253,561 $234,500 
Variable 38,256 35,221 77,491 69,742 
$165,619 $153,682 $331,052 $304,242 
Schedule of property right-of-use assets and lease liabilities Our property right-of-use assets and property lease liabilities on our consolidated balance sheets consisted of the following (in thousands):
LeasesBalance Sheet LocationJune 30,
2024
December 31,
2023
Right-of-use assets
Operating leases - PropertyProperty - operating right-of-use assets$40,899 $41,296 
Finance leases - PropertyPrepaid expenses and other assets, net2,528 2,565 
Total right-of-use assets$43,427 $43,861 
Lease liabilities
Operating leases - PropertyProperty - operating lease liabilities$33,818 $33,931 
Finance leases - PropertyOther liabilities403 415 
Total lease liabilities$34,221 $34,346 
Schedule of property lease costs and effect of property lease payments on consolidated statements of cash flows The table below presents our total property lease cost (in thousands):
Statement of Operations LocationFor the Three Months Ended June 30,For the Six Months Ended June 30,
Lease cost2024202320242023
Operating lease cost
Property leases - fixedProperty operating expenses$1,899 $1,803 $3,758 $3,338 
Property leases - variableProperty operating expenses143 16 177 33 
Finance lease cost
Amortization of property right-of-use assetsProperty operating expenses18 19 37 39 
Interest on lease liabilitiesInterest expense10 10 19 23 
$2,070 $1,848 $3,991 $3,433 

The table below presents the effect of property lease payments on our consolidated statements of cash flows (in thousands):
For the Six Months Ended June 30,
Supplemental cash flow information20242023
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows for operating leases$3,476 $2,806 
Operating cash flows for financing leases$19 $23 
Financing cash flows for financing leases$12 $
Schedule of payments due on property operating leases
Payments on property leases were due as follows (in thousands):
June 30, 2024
Year Ending December 31,Operating LeasesFinance Leases
2024 (1)
$3,462 $30 
20252,528 63 
20261,940 65 
20271,955 67 
20281,971 69 
Thereafter149,013 297 
Total lease payments160,869 591 
Less: Amount representing interest(127,051)(188)
Lease liability$33,818 $403 
(1)Represents the six months ending December 31, 2024.
Schedule of payments due on property finance leases
Payments on property leases were due as follows (in thousands):
June 30, 2024
Year Ending December 31,Operating LeasesFinance Leases
2024 (1)
$3,462 $30 
20252,528 63 
20261,940 65 
20271,955 67 
20281,971 69 
Thereafter149,013 297 
Total lease payments160,869 591 
Less: Amount representing interest(127,051)(188)
Lease liability$33,818 $403 
(1)Represents the six months ending December 31, 2024.