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Revenues
6 Months Ended
Jun. 30, 2012
Rental Revenue [Abstract]  
Revenues

Note 10. Revenues

 

            Rental revenues for the three and six months ended June 30, 2012 and 2011, respectively, are comprised of the following:


 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three months ended June 30,

 

Six months ended June 30,

 

 

2012

 

2011

 

2012

 

2011

Base rents

 

$      24,835,000

 

$      24,060,000

 

$      49,667,000

 

$      48,022,000

Percentage rent

 

 174,000

 

 220,000

 

 464,000

 

 384,000

Straight-line rents

 

 247,000

 

 365,000

 

 562,000

 

 746,000

Amortization of intangible lease liabilities

 

 1,732,000

 

 1,269,000

 

 2,990,000

 

 2,435,000

Total rents

 

$      26,988,000

 

$      25,914,000

 

$      53,683,000

 

$      51,587,000

 

 

 

 

 

 

 

 

 

 

            Other revenues include items such as lease termination fees which tend to fluctuate more than rents from period to period. For the three and six months ended June 30, 2012, the Company recorded lease termination income of approximately $3.0 million.