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Leases (Tables) | 9 Months Ended
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Sep. 30, 2019
Leases |
Schedule of components of lease revenues | The components of lease revenues are as follows (amounts in thousands): ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three Months | ​ | Nine Months
​ | ​ | Ended | ​ | Ended
​ |  | September 30, 2019
Fixed lease revenues | ​ | $ | 17,361 |  | $ | 52,441
Variable lease revenues | ​ | ​ | 2,853 | ​ | ​ | 9,138
Lease revenues (a) | ​ | $ | 20,214 | ​ | $ | 61,579
| (a) | Excludes $200 and $709 of amortization related to lease intangible assets and liabilities for the three and nine months ended September 30, 2019, respectively.
Schedule of minimum future contractual rents to be received under ASC 842 | As of September 30, 2019, under ASC 842, the minimum future contractual rents to be received on non-cancellable operating leases are included in the table below (amounts in thousands). The minimum future contractual rents do not include (i) straight-line rent or amortization of intangibles, (ii) variable lease payments as described above and (iii) contractual rents of $875,000 related to the Houston, TX property which was sold in October 2019 (see Note 6). ​
​ | ​ | ​ | ​
From October 1 – December 31, 2019 | ​ | $ | 17,394
For the year ended December 31, | ​ | ​ | ​
2020 | ​ | ​ | 70,331
2021 | ​ | ​ | 69,031
2022 | ​ | ​ | 60,457
2023 | ​ | ​ | 51,672
2024 | ​ | ​ | 43,435
Thereafter | ​ | ​ | 181,158
Total | ​ | $ | 493,478
Schedule of minimum future contractual rents to be received on non-cancellable operating leases ASU 840 | As of December 31, 2018, under ASC 840, the minimum future contractual rents to be received on non-cancellable operating leases were as follows (amounts in thousands): ​
​ | ​ | ​ | ​
For the year ended December 31, | ​ | ​ | ​
2019 | ​ | $ | 66,959
2020 | ​ | ​ | 66,691
2021 | ​ | ​ | 65,130
2022 | ​ | ​ | 56,444
2023 | ​ | ​ | 47,644
Thereafter | ​ | ​ | 208,923
Total | ​ | $ | 511,791
Schedule of minimum future lease payments under ASC 842 | As of September 30, 2019, under ASC 842, the minimum future lease payments related to the operating ground and office leases are as follows (amounts in thousands): ​
​ | ​ | ​ | ​
From October 1 – December 31, 2019 | ​ | $ | 127
For the year ended December 31, | ​ | ​ | ​
2020 | ​ | ​ | 510
2021 | ​ | ​ | 511
2022 | ​ | ​ | 506
2023 | ​ | ​ | 507
2024 | ​ | ​ | 557
Thereafter | ​ | ​ | 3,741
Total undiscounted cash flows | ​ | $ | 6,459
Present value discount | ​ | ​ | (1,595)
Lease liability | ​ | $ | 4,864
Schedule of minimum future lease payments under ASC 840 | As of December 31, 2018, under ASC 840, the minimum future lease payments related to the operating ground and office leases were as follows (amounts in thousands): ​
​ | ​ | ​ | ​
For the year ended December 31, |  | ​ |
2019 | ​ | $ | 454
2020 | ​ |  | 127
2021 | ​ |  | 47
2022 | ​ |  | —
2023 | ​ |  | —
Thereafter | ​ |  | —
Total | ​ | $ | 628

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- Definition Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=77888426&loc=SL77918701-209980 + Details
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- Definition Tabular disclosure of maturity of undiscounted cash flows to be received by lessor on annual basis for operating lease. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 30 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=119202524&loc=SL77919396-209981 + Details
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- Definition Tabular disclosure of future minimum payments required in the aggregate and for each of the five succeeding fiscal years for operating leases having initial or remaining noncancelable lease terms in excess of one year and the total minimum rentals to be received in the future under noncancelable subleases as of the balance sheet date. + References Reference 1: http://fasb.org/us-gaap/role/ref/otherTransitionRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -SubTopic 20 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=77902758&loc=d3e41502-112717 + Details
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