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Leases (Tables)

6 Months Ended

Jun. 30, 2019

Schedule of Operating Lease ROU Aassets and Operating Lease Liabilities

Operating lease ROU assets and operating lease liabilities are in the Company’s consolidated balance sheet as follows (in thousands):

	Classification	June 30, 2019
Operating Lease ROU Assets	Other Assets, Net	$	21,961

Operating Lease Liabilities	Accounts Payable and Other Liabilities	$	40,691

Schedule of Operating Lease Expenses

Operating lease expenses, including straight-line expense, are included in Operating and Maintenance Expense for the Company’s ground leases and General and Administrative for its office leases are as follows (in thousands):

	Three Months Ended		Six Months Ended
Classification	June 30, 2019		June 30, 2019
Operating and Maintenance	$	1,017	$	2,035
General and Administrative^(A)		501		1,213
Total lease costs	$	1,518	$	3,248

(A)	Includes short-term leases and variable lease costs, which are immaterial.

Schedule of Supplemental Balance Sheet Information Related to Leases

Supplemental balance sheet information related to leases was as follows:

	June 30, 2019
Weighted-Average Remaining Lease Term	35.8 years
Weighted-Average Discount Rate		7.32	%
Cash paid for amounts included in the measurement — operating cash flows from lease liabilities (in thousands)	$	1,338

Schedule of Future Minimum Rental Revenues from Rental Properties and Minimum Rental Payments under ASC 840

As determined under FASB Accounting Standards Codification (“ASC”) 840, Leases, the scheduled future minimum rental revenues from rental properties under the terms of all non-cancelable tenant leases, assuming no new or renegotiated leases or option extensions for such premises and the scheduled minimum rental payments under the terms of all non-cancelable operating leases, principally ground leases, in which the Company was the lessee as of December 31, 2018, were as follows (in thousands):

Year	Minimum Rental Revenues		Minimum Rental Payments
2019	$	306,740	$	3,253
2020		279,374		4,070
2021		243,379		4,080
2022		202,371		3,928
2023		150,909		3,417
Thereafter		417,296		120,825
	$	1,600,069	$	139,573

Schedule of Maturities of Lease Liabilities

As determined under Topic 842, maturities of lease liabilities were as follows for the 12-month periods ending June 30, (in thousands):

Year	June 30,
2020	$	4,019
2021		4,146
2022		4,159
2023		3,657
2024		3,519
Thereafter		119,092
Total lease payments		138,592
Less imputed interest		(97,901	)
Total	$	40,691

Schedule of Future Minimum Rental Income from Rental Properties under Terms of Non-Cancelable Tenant Leases

The scheduled future minimum rental income from rental properties under the terms of all non-cancelable tenant leases, assuming no new or renegotiated leases or option extensions as determined under Topic 842 for such premises for the 12-month periods ending June 30, were as follows (in thousands):

Year Ending	June 30,
2020	$	311,098
2021		284,858
2022		246,452
2023		198,268
2024		149,083
Thereafter		425,779
Total	$	1,615,538