COMPONENTS OF RENTAL INCOME AND EXPENSE

The principal components of rental income are as follows (in thousands):



	Year Ended December 31,
	2013		2012		2011
Minimum rents
Retail	$	69,374	$	67,046	$	63,996
Office	81,845		71,817		53,457
Multifamily	14,926		13,796		13,246
Mixed-Use	9,549		8,893		8,478
Cost reimbursement	27,583		27,763		24,463
Percentage rent	2,655		2,608		1,967
Hotel revenue	35,137		31,729		27,125
Other	1,688		1,597		1,436
Total rental income	$	242,757	$	225,249	$	194,168

Minimum rents include $2.6 million, $7.2 million and $4.8 million for the years ended December 31, 2013, 2012 and 2011, respectively, to recognize minimum rents on a straight-line basis. In addition, minimum rents include $2.4 million, $(0.2) million and $(1.1) million for the years ended December 31, 2013, 2012 and 2011, respectively, to recognize the amortization of above and below market leases.

The principal components of rental expenses are as follows (in thousands):



	Year Ended December 31,
	2013		2012		2011
Rental operating	$	26,028	$	24,264	$	22,008
Hotel operating	22,115		20,905		18,885
Repairs and maintenance	10,514		9,452		8,082
Marketing	1,547		1,266		1,390
Rent	2,442		2,378		2,767
Hawaii excise tax	4,153		3,813		3,379
Management fees	1,809		2,011		1,622
Total rental expenses	$	68,608	$	64,089	$	58,133