XML 33 R21.htm IDEA: XBRL DOCUMENT v3.24.2
Revenue Recognition (Tables)
 6 Months Ended
Jun. 30, 2024
Revenue from Contract with Customer [Abstract]  
Schedule of Minimum Lease Payments to be Received
Minimum lease payments to be received under long-term operating leases and short-term specialty leases, excluding additional percentage rent based on tenants' sales volume and tenant reimbursements of certain operating expenses, and assuming no exercise of renewal options or early termination rights, are as follows:
As of June 30, 2024
Remaining 2024$98,957 
2025193,035 
2026174,191 
2027141,335 
2028114,057 
Thereafter383,059 
Total$1,104,634 
Schedule of Disaggregation of Lease Income, Net
The following table reflects the disaggregation of lease income, net:
Three months ended June 30Six months ended June 30
2024202320242023
Minimum base rent$43,189 $41,545 $85,636 $82,021 
Real estate tax recoveries8,294 7,948 16,399 16,465 
Common area maintenance, insurance, and other recoveries8,041 7,489 15,895 14,438 
Ground rent income4,749 4,797 9,486 9,507 
Amortization of market-lease intangibles and inducements, net657 572 1,233 2,088 
Short-term and other lease income673 635 1,934 1,949 
Termination fee income749 610 1,310 744 
Straight-line rent adjustments, net981 853 1,887 1,762 
(Provision for) reversal of uncollectible billed rent and recoveries, net(277)(181)(231)124 
Lease income, net$67,056 $64,268 $133,549 $129,098