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MINIMUM RENTS | 12 Months Ended
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Dec. 31, 2017
Operating Leases, Future Minimum Payments Receivable [Abstract] |
MINIMUM RENTS | MINIMUM RENTS The Company receives rental income by leasing retail shopping center space under operating leases. Future minimum rents are scheduled to be received under non-cancellable tenant leases at December 31, 2017, as follows:
2018 | $ | 523,498 |
2019 | 446,591 |
2020 | 380,600 |
2021 | 321,156 |
2022 | 257,231 |
Thereafter | 656,777 |
| $ | 2,585,853 |
Future minimum rents do not include percentage rents or tenant reimbursements that may become due.

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- Definition The entire disclosure for lessor's operating leases. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 30 -URI http://asc.fasb.org/subtopic&trid=77888252 + Details
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