Lease Income

6 Months Ended

Jun. 30, 2019

Lease Income

Lease Income

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				For the Six Months Ended
	June 30,				June 30,
	2019		2018		2019		2018
Fixed lease income	$	1,068,701	$	1,031,040	$	2,128,820	$	2,069,806
Variable lease income		229,866		227,658		449,803		456,784
Total lease income	$	1,298,567	$	1,258,698	$	2,578,623	$	2,526,590

Lease income for the three and six months ended June 30, 2018 has been reclassified to conform to the current year presentation.