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FUTURE MINIMUM RENTAL INCOME UNDER OPERATING LEASES
12 Months Ended
Dec. 31, 2015
Leases [Abstract]  
FUTURE MINIMUM RENTAL INCOME UNDER OPERATING LEASES

12.    FUTURE MINIMUM RENTAL INCOME UNDER OPERATING LEASES

 

ARL’s operations include the leasing of commercial properties (office buildings, industrial warehouses and retail centers). The leases, thereon, expire at various dates through 2025. The following is a schedule of minimum future rents due to ARL under non-cancelable operating leases as of December 31, 2015 (dollars in thousands):  

           
Year     Amount  
2016     $ 23,448  
2017       21,350  
2018       19,418  
2019       14,727  
2020       11,212  
Thereafter       24,717  
Total     $ 114,872