XML 37 R22.htm IDEA: XBRL DOCUMENT v3.25.3
Future Minimum Lease Rental Receipts
9 Months Ended
Sep. 30, 2025
Lessor Disclosure [Abstract]  
Future Minimum Lease Rental Receipts Future Minimum Lease Rental Receipts
We lease space to tenants primarily under non-cancelable operating leases that generally contain provisions for a base rent plus reimbursement of certain operating expenses, and we own fee interests in two parcels of land from which we receive rent under ground leases. The table below presents the future minimum base rentals on our non-cancelable office tenant and ground leases for our consolidated properties at September 30, 2025:
Twelve months ending September 30, (In thousands)
2026$586,404 
2027510,633 
2028424,786 
2029336,243 
2030279,000 
Thereafter1,026,424 
Total future minimum base rentals(1)
$3,163,490 
___________________________________
(1)    Does not include (i) residential leases, which typically have a term of one year or less, (ii) holdover rent, (iii) other types of rent such as storage and antenna rent, (iv) tenant reimbursements, (v) straight-line rent, (vi) amortization/accretion of acquired above/below-market lease intangibles and (vii) percentage rents.  The amounts assume that early termination options held by tenants will not be exercised.