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LEASES (Tables) | 12 Months Ended
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Dec. 31, 2022
LEASES |
Schedule of components of lease revenues | The components of lease revenues are as follows (amounts in thousands):
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | Year Ended December 31,
​ |  |  | 2022 |  | 2021 |  | 2020
Fixed lease revenues | ​ | ​ | $ | 74,101 | ​ | $ | 70,387 | ​ | $ | 69,823
Variable lease revenues | ​ | ​ |  | 17,259 | (a) |  | 11,008 | ​ |  | 11,285
Lease revenues (b) | ​ |  | $ | 91,360 | ​ | $ | 81,395 | ​ | $ | 81,108
(a) | Includes, for 2022, $4,626 of additional rent accrued from a ground lease tenant – see Note 6.
(b) | Excludes $831, $785 and $780 of amortization related to lease intangible assets and liabilities for 2022, 2021 and 2020, respectively.
Schedule of minimum future contractual rents to be received | As of December 31, 2022, 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 include $22,924,000 of rent related to Regal Cinemas (two leases which expire in 2032 and 2035) and does not include (i) straight-line rent or amortization of intangibles, (ii) $563,000 of COVID-19 lease deferral repayments due from Regal Cinemas which were not accrued to rental income and (iii) variable lease payments as described above.
​ | ​ | ​ | ​
For the year ending December 31, | ​ | ​ | ​
2023 | ​ | $ | 73,407
2024 | ​ | ​ | 67,323
2025 | ​ | ​ | 63,036
2026 | ​ | ​ | 58,802
2027 | ​ | ​ | 49,843
Thereafter | ​ | ​ | 176,710
Total | ​ | $ | 489,121
Schedule of minimum future lease payments | As of December 31, 2022, the minimum future lease payments related to the operating ground and office leases are as follows (amounts in thousands): ​
​ | ​ | ​ | ​
For the year ended December 31, |  | ​ | ​
2023 | ​ | $ | 507
2024 | ​ |  | 557
2025 | ​ |  | 626
2026 | ​ |  | 627
2027 | ​ |  | 629
Thereafter | ​ |  | 5,591
Total undiscounted cash flows | ​ | $ | 8,537
Present value discount | ​ |  | (1,613)
Lease liability | ​ | $ | 6,924

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