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Leases
 6 Months Ended
Jun. 30, 2023
Leases [Abstract]  
Leases

Note 4 – Leases

The components of rental revenues for the three and six months ended June 30, 2023 and 2022 are as follows:

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

2023

 

 

2022

 

 

2023

 

 

2022

 

Fixed lease payments

 

$

104,391

 

 

$

96,733

 

 

$

203,372

 

 

$

192,381

 

Variable lease payments

 

 

20,451

 

 

 

35,099

 

 

 

51,794

 

 

 

74,783

 

Total rental revenues

 

$

124,842

 

 

$

131,832

 

 

$

255,166

 

 

$

267,164

 

The undiscounted future fixed lease payments to be received under the Company's operating leases as of June 30, 2023, are as follows:

Years Ending December 31,

 

Operating Leases

 

2023 (1)

 

$

197,813

 

2024

 

 

331,796

 

2025

 

 

260,067

 

2026

 

 

200,163

 

2027

 

 

146,936

 

2028

 

 

99,404

 

Thereafter

 

 

235,181

 

Total undiscounted lease payments

 

$

1,471,360

 
(1)
Reflects rental payments for the fiscal period July 1, 2023 to December 31, 2023.