Investments In Direct Financing Leases (Tables)

12 Months Ended

Dec. 31, 2016

Capital Leases, Net Investment in Direct Financing Leases [Abstract]

Summary Of Carrying Amounts Of Investments In Direct Financing Leases, Net

	2016			2015
Total minimum lease payments receivable	$	215,753		$	439,646
Estimated unguaranteed residual value of leased assets	85,247			162,669
Less deferred income (1)	(198,302		)	(411,435		)
Investment in a direct financing lease, net	$	102,698		$	190,880

(1) Deferred income is net of $1.3 million and $1.4 million of initial direct costs at December 31, 2016 and 2015, respectively.

Future Minimum Rentals Receivable

The Company’s direct financing lease has expiration dates ranging from approximately 15 to 18 years. Future minimum rentals receivable on this direct financing lease at December 31, 2016 are as follows (in thousands):

	Amount
Year:
2017	$	10,856
2018	11,182
2019	11,518
2020	11,863
2021	12,219
Thereafter	158,115
Total	$	215,753

Future minimum rentals on non-cancelable tenant operating leases at December 31, 2016 are as follows (in thousands):

	Amount
Year:
2017	$	398,938
2018	382,923
2019	360,745
2020	340,521
2021	326,276
Thereafter	2,989,155
Total	$	4,798,558