XML 38 R26.htm IDEA: XBRL DOCUMENT v3.24.1.1.u2
Land, Buildings and Improvements (Tables)
 3 Months Ended
Mar. 31, 2024
Real Estate [Abstract]  
Schedule of Real Estate
Land and buildings leased to others, which are subject to operating leases, are summarized as follows (in thousands):
March 31, 2024December 31, 2023
Land$159,937 $168,200 
Buildings and improvements979,290 1,035,791 
Less: Accumulated depreciation(206,401)(213,034)
$932,826 $990,957 
Schedule of Operating Lease Income
Lease income related to operating leases recognized and included in the consolidated statements of operations is as follows (in thousands):
Three Months Ended March 31,
20242023
Lease income — fixed
$31,362 $33,966 
Lease income — variable (a)
6,952 7,473 
Total operating lease income$38,314 $41,439 
__________
(a)Includes (i) rent increases based on changes in the U.S. Consumer Price Index and other comparable indices and (ii) reimbursements for property taxes, insurance, and common area maintenance services.