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Leases (Tables)
3 Months Ended
Mar. 31, 2021
Leases [Abstract]  
Schedule of Components of Lease Revenue

The components of rental revenues are as follows:

 

 

 

Three Months Ended March 31,

 

 

 

2021

 

 

2020

 

Fixed lease payments

 

$

71,227

 

 

$

137,394

 

Variable lease payments

 

 

56,948

 

 

 

23,779

 

Total rental revenues

 

$

128,175

 

 

$

161,173

 

 

 

Schedule of Undiscounted Future Lease Payments to be Received

The undiscounted future fixed lease payments to be received under the Company's operating leases as of March 31, 2021, are as follows:

 

Years Ending December 31,

 

Operating Leases

 

2021 (1)

 

$

280,554

 

2022

 

 

333,159

 

2023

 

 

280,432

 

2024

 

 

225,734

 

2025

 

 

174,939

 

2026

 

 

128,599

 

Thereafter

 

 

283,197

 

Total undiscounted lease payments

 

$

1,706,614

 

(1)

Reflects rental payments for the fiscal period April 1, 2021 to December 31, 2021.