Real Estate (Tables)

3 Months Ended

Mar. 31, 2019

Real Estate [Abstract]

Schedule of Future Minimum Rental Income

As of March 31, 2019, non-cancelable commercial operating leases provide for future minimum rental income as follows (in thousands). Apartment leases are not included as the terms are generally for one year or less.

2019	$	192,841
2020	181,544
2021	159,607
2022	139,518
2023	114,521
Thereafter	343,439
	$	1,131,470

Schedule of Future Minimum Rental Income at Prior Year End

As of December 31, 2018, non-cancelable commercial operating leases provide for future minimum rental income as follows (in thousands):

2019	$	191,252
2020	175,925
2021	153,395
2022	133,359
2023	108,564
Thereafter	304,876
	$	1,067,371

Schedule of Future Minimum Payments on Operating Ground Lease

The following table sets forth the undiscounted cash flows of our schedule obligations for future minimum payments on our operating ground lease at March 31, 2019 and a reconciliation of those cash flows to the operating lease liability at March 31, 2019 (in thousands):

2019	$	195
2020	260
2021	260
2022	260
2023	260
2024	260
Thereafter	11,895
	13,390
Imputed interest	(9,233		)
Lease liability	$	4,157

Schedule of Real Estate Property Acquired

We did not execute any acquisitions during the 2019 Quarter. Properties and land for development acquired during the year ended December 31, 2018 were as follows:

Acquisition Date	Property	Type	# of units (unaudited)	Rentable Square  Feet (unaudited)	Contract Purchase  Price (in thousands)
January 18, 2018	Arlington Tower	Office	N/A	391,000	$	250,000

Schedule of Properties Sold

We sold our interests in the following properties in 2018:

Disposition Date	Property Name	Segment	Rentable Square Feet/ Number of Units	Contract Sales  Price (in thousands)		Gain on Sale (in thousands)
January 19, 2018	Braddock Metro Center	Office	356,000	$	93,000	$	—
June 28, 2018	2445 M Street	Office	292,000	101,600		2,495
		Total 2018	648,000	$	194,600	$	2,495