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FUTURE MINIMUM RENTAL INCOME UNDER OPERATING LEASES | 12 Months Ended
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Dec. 31, 2017
Leases [Abstract] |
FUTURE MINIMUM RENTAL INCOME UNDER OPERATING LEASES |
NOTE 10. | 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, 2017 (dollars in thousands):
Year |  |  | Amount |
2018 |  |  |  | 25,042 |
2019 |  |  |  | 19,828 |
2020 |  |  |  | 15,869 |
2021 |  |  |  | 13,643 |
2022 |  |  |  | 10,634 |
Thereafter |  |  |  | 16,686 |
Total |  |  | $ | 101,702 |

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- Definition The entire disclosure for lessee entity's leasing arrangements including, but not limited to, all of the following: (a.) The basis on which contingent rental payments are determined, (b.) The existence and terms of renewal or purchase options and escalation clauses, (c.) Restrictions imposed by lease agreements, such as those concerning dividends, additional debt, and further leasing. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -URI http://asc.fasb.org/subtopic&trid=77888251 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -URI http://asc.fasb.org/topic&trid=2208923 + Details
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