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Revenues
12 Months Ended
Dec. 31, 2015
Revenues [Abstract]  
Revenues

 

Note 13. Revenues

 

Rents for 2015, 2014 and 2013, respectively, are comprised of the following:

 

 

 

 

 

 

 

 

 

 

Years ended December 31,

 

 

2015

 

2014

 

2013

Base rents

 

$   112,319,000 

 

$      110,739,000 

 

$      103,721,000 

Percentage rent

 

789,000 

 

683,000 

 

804,000 

Straight-line rents

 

506,000 

 

761,000 

 

1,387,000 

Amortization of intangible lease liabilities, net

 

3,125,000 

 

4,322,000 

 

4,441,000 

Total rents

 

$   116,739,000 

 

$      116,505,000 

 

$      110,353,000 

 

 

 

 

 

 

 

 

Annual future base rents due to be received under non-cancelable operating leases in effect at December 31, 2015 are approximately as follows (excluding those base rents applicable to properties classified as real estate held for sale):

 

 

 

 

 

2016 

 

$           108,891,000

2017 

 

99,195,000 
2018 

 

89,025,000 
2019 

 

74,704,000 
2020 

 

57,484,000 

Thereafter

 

250,979,000 

 

 

$           680,278,000

 

 

 

 

Total future minimum rents do not include expense recoveries for real estate taxes and operating costs, or percentage rents based upon tenants’ sales volume. Such additional revenue amounts aggregated approximately $32.6 million, $32.1 million and $29.5 million for 2015, 2014 and 2013, respectively. Such amounts do not include amortization of intangible lease liabilities.