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TENANT LEASES
12 Months Ended
Dec. 31, 2015
Leases [Abstract]  
Tenant Leases
Tenant Leases

Space in the shopping centers and other retail properties is leased to various tenants under operating leases that usually grant tenants renewal options and generally provide for additional rents based on certain operating expenses as well as tenants’ sales volume.

Minimum future rentals to be received under non-cancelable leases for shopping centers and other retail properties as of December 31, 2015 are summarized as follows:
 
 
(dollars in thousands)
2016
$
141,719

2017
134,963

2018
120,690

2019
108,230

2020
95,945

Thereafter
471,777

Total
$
1,073,324



During the years ended December 31, 2015, 2014 and 2013, no single tenant collectively accounted for more than 10% of the Company’s total revenues.