Investments In Direct Financing Leases (Tables)

12 Months Ended

Dec. 31, 2017

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

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

	2017			2016
Total minimum lease payments receivable	$	112,411		$	215,753
Estimated unguaranteed residual value of leased assets	47,000			85,247
Less deferred income (1)	(101,508		)	(198,302		)
Investment in direct financing leases, net	$	57,903		$	102,698

(1) Deferred income is net of $0.8 million and $1.3 million of initial direct costs at December 31, 2017 and 2016, respectively.

Future Minimum Rentals Receivable

The Company’s direct financing leases have expiration dates ranging from approximately 14 to 16 years. Future minimum rentals receivable on this direct financing lease at December 31, 2017 are as follows (in thousands):

	Amount
Year:
2018	$	6,301
2019	6,490
2020	6,685
2021	6,885
2022	7,092
Thereafter	78,958
Total	$	112,411

Future minimum rentals on non-cancelable tenant operating leases at December 31, 2017 are as follows (in thousands):

	Amount
Year:
2018	$	474,608
2019	459,318
2020	446,051
2021	437,723
2022	422,306
Thereafter	3,656,516
Total (1)	$	5,896,522