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Leases (Tables)
6 Months Ended
Jun. 30, 2023
Leases [Abstract]  
Schedule of Components of Lease Revenue

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

 

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 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.