Note 8. Revenues

Rental revenues for the three and six months ended June 30, 2018 and 2017, respectively, comprise the following:

	Three months ended June 30,				Six months ended June 30,
	2018		2017		2018		2017
Base rents	$	26,865,000	$	27,070,000	$	54,022,000	$	54,210,000
Percentage rent		127,000		244,000		216,000		447,000
Straight-line rents		246,000		255,000		492,000		496,000
Amortization of intangible lease liabilities, net		2,213,000		636,000		2,882,000		1,275,000
Total rents	$	29,451,000	$	28,205,000	$	57,612,000	$	56,428,000

In April 2018, the Company accepted a cash payment of $4.3 million in consideration for permitting a dark anchor tenant to terminate its lease prior to the contractual expiration. As a result of this termination, revenues for the three and six months ended June 30, 2018 includes $5.4 million, consisting of (1) $3.8 million of other income (the $4.3 million cash payment reduced by $0.5 million straight-line rent receivable) and (2) $1.5 million accelerated intangible lease amortization. The Company recognizes lease termination income when the following conditions are met: (1) the lease termination agreement has been executed, (2) the lease termination fee is determinable, (3) all the Company’s landlord services pursuant to the terminated lease have been rendered, and (4) collectability of the lease termination fee is assured.