9. Lease Income

As discussed in note 3, fixed lease income under our operating leases includes fixed minimum lease consideration and fixed CAM reimbursements which are accrued on a straight-line basis over the terms of the leases. Variable lease income includes consideration based on sales, as well as reimbursements for real estate taxes, utilities, marketing, and certain other items.


	For the Three Months Ended
	March 31,
	2019		2018
Fixed lease income	$	1,081,560	$	1,060,951
Variable lease income		198,498		206,942
Total lease income	$	1,280,058	$	1,267,893

Lease income for the three months ended March 31, 2018 has been reclassified to conform to the current year presentation.