Schedule of Minimum Lease Payments from our Office Space Sublease and Commercial Space Leases, Excluding Extension Options

Future minimum lease payments that are contractually due to us from our office space sublease and commercial space leases, excluding extension options, as of June 30, 2025, are as follows (in thousands):


	Corporate Office Sublease		Commercial Leases
Remainder of 2025	$	714	$	1,165
2026		1,433		2,516
2027		1,443		2,335
2028		1,453		2,259
2029		630		2,289
Thereafter		—		18,422
Total	$	5,673	$	28,986

Schedule of Weighted Average Remaining Terms and Discount Rates

The weighted-average remaining terms and discount rates for our operating and finance leases are summarized in the table below as of June 30, 2025, and December 31, 2024:


	June 30, 2025			December 31, 2024
Weighted average remaining lease term (years):
Operating leases		3.8			4.3
Finance leases		92.0			92.5

Weighted-average discount rate:
Operating leases		3.4	%		3.5	%
Finance leases		6.1	%		6.1	%

Our finance lease at Oak Shore provides Aimco with the option to terminate the lease after the property reaches stabilization, subject to certain conditions. The lease term includes the periods covered by this option. Additionally, the lease provides the lessor at Oak Shore with a residual value guarantee of $6.1 million, which provides that if the residual value of the leased asset is less than the specified residual value guarantee at the earlier of lease expiration or termination, we are required to pay the difference.