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Revenues
9 Months Ended
Sep. 30, 2012
Revenues [Abstract]  
Revenues

Note 10. Revenues

 

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three months ended September 30,

 

Nine months ended September 30,

 

 

2012

 

2011

 

2012

 

2011

Base rents

 

$           24,975,000 

 

$           24,086,000 

 

$           74,642,000 

 

$           72,097,000 

Percentage rent

 

314,000 

 

302,000 

 

778,000 

 

687,000 

Straight-line rents

 

216,000 

 

187,000 

 

778,000 

 

932,000 

Amortization of intangible lease liabilities

 

1,174,000 

 

1,890,000 

 

4,164,000 

 

4,323,000 

Total rents

 

$           26,679,000 

 

$           26,465,000 

 

$           80,362,000 

 

$           78,039,000 

 

 

 

 

 

 

 

 

 

 

            Other revenues, reflected in the accompanying consolidated statements of operations, include items such as lease termination fees which tend to fluctuate more than rents from period to period. For the nine months ended September 30, 2012, the Company recorded lease termination income of approximately $3.0 million.