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Revenue Recognition
3 Months Ended
Mar. 31, 2025
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:
As of March 31, 2025
Remaining 2025$158,735 
2026200,522 
2027168,328 
2028141,824 
2029112,521 
Thereafter387,146 
Total$1,169,076 
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:
Three months ended March 31
20252024
Minimum base rent$47,066 $42,447 
Real estate tax recoveries8,599 8,105 
Common area maintenance, insurance, and other recoveries9,399 7,854 
Ground rent income5,076 4,737 
Amortization of market-lease intangibles and inducements, net895 576 
Short-term and other lease income1,417 1,261 
Termination fee income10 561 
Straight-line rent adjustments, net894 906 
Reversal of uncollectible rent and recoveries, net33 46 
Lease income, net$73,389 $66,493