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FUTURE MINIMUM RENTAL INCOME UNDER OPERATING LEASES
12 Months Ended
Dec. 31, 2019
Leases [Abstract]  
FUTURE MINIMUM RENTAL INCOME UNDER OPERATING LEASES

NOTE 14.     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 2029. The following is a schedule of minimum future rents due to ARL under non-cancelable operating leases as of December 31, 2019 (dollars in thousands):

 

Year   Amount  
2020     26,208  
2021     23,558  
2022     20,382  
2023     14,882  
2024     8,861  
Thereafter     7,109  
Total   $ 101,000