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INCOME PROPERTIES (Tables)
12 Months Ended
Dec. 31, 2023
ASSETS HELD FOR SALE  
Schedule of components of leasing revenue

The components of leasing revenue are as follows (in thousands):

Year Ended December 31,

2023

    

2022

2021

Leasing Revenue

Lease Payments

$

74,721

$

54,083

$

41,791

Variable Lease Payments

21,942

14,774

8,888

Total Leasing Revenue

$

96,663

$

68,857

$

50,679

Schedule of minimum future base rental revenue on non-cancelable leases

Minimum future base rental revenue on non-cancelable leases subsequent to December 31, 2023, for the next five years ended December 31 are summarized as follows (in thousands). Certain of our tenant leases include tenant renewal options which could be exercised at the tenant’s election and are not included in the amounts in the table below.

Year Ending December 31,

    

Amounts

2024

$

71,940

2025

68,449

2026

60,561

2027

49,747

2028

36,865

2029 and Thereafter (Cumulative)

92,666

Total

$

380,228