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Revenue Recognition
12 Months Ended
Dec. 31, 2024
Revenue from Contract with Customer [Abstract]  
Revenue Recognition Revenue Recognition
Operating Leases
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:
For the year ending December 31,As of December 31, 2024
2025$209,875 
2026195,712 
2027163,117 
2028136,608 
2029106,862 
Thereafter377,780 
Total$1,189,954 
The foregoing table includes payments from tenants who have taken possession of their space and tenants who have been moved to the cash basis of accounting for revenue recognition purposes. The remaining lease terms range from less than one year to fifty-six years.
The following table reflects the disaggregation of lease income, net:
Year Ended December 31
202420232022
Minimum base rent$175,068 $165,267 $145,467 
Real estate tax recoveries33,343 31,220 30,107 
Common area maintenance, insurance, and other recoveries33,003 30,731 28,072 
Ground rent income19,321 19,044 14,991 
Amortization of market-lease intangibles and inducements, net2,804 3,343 5,589 
Short-term and other lease income4,567 4,389 4,333 
Lease termination income1,364 836 339 
Straight-line rent adjustments, net3,400 3,349 3,815 
(Provision for) reversal of uncollectable billed rent and recoveries(430)(1,033)267 
Lease income, net$272,440 $257,146 $232,980