Rentals under Operating Leases

12 Months Ended

Dec. 31, 2016

Rentals under Operating Leases

Rentals under Operating Leases

9. Rentals under Operating Leases

Future minimum rentals to be received under non‑cancelable tenant operating leases for each of the next five years and thereafter, excluding tenant reimbursements of operating expenses and percentage rent based on tenant sales volume as of December 31, 2016 are as follows:

2017	$	2,859,314
2018		2,586,515
2019		2,299,751
2020		2,067,586
2021		1,778,677
Thereafter		4,740,742
	$	16,332,585