COMPONENTS OF RENTAL INCOME AND EXPENSE

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



	Three Months Ended June 30,				Six Months Ended June 30,
	2014		2013		2014		2013
Minimum rents
Retail	$	17,448	$	17,236	$	34,740	$	34,587
Office	20,200		20,298		40,436		40,798
Multifamily	3,897		3,687		7,731		7,270
Mixed-use	2,496		2,257		4,966		4,677
Cost reimbursement	6,906		7,242		13,710		12,913
Percentage rent	391		402		816		820
Hotel revenue	7,043		8,178		16,045		17,026
Other	412		405		831		836
Total rental income	$	58,793	$	59,705	$	119,275	$	118,927

Minimum rents include $0.6 million and $0.5 million for the three months ended June 30, 2014 and 2013, respectively, and $1.6 million and $1.2 million for the six months ended June 30, 2014 and 2013, respectively, to recognize minimum rents on a straight-line basis. In addition, net amortization of above and below market leases included in minimum rents were $0.7 million and $0.2 million for the three months ended June 30, 2014 and 2013, respectively, and $1.2 million and $0.7 million for the six months ended June 30, 2014 and 2013, respectively.

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



	Three Months Ended June 30,				Six Months Ended June 30,
	2014		2013		2014		2013
Rental operating	$	6,432	$	6,430	$	12,958	$	12,744
Hotel operating	4,973		5,438		10,526		10,920
Repairs and maintenance	2,872		2,489		4,994		4,603
Marketing	392		344		782		696
Rent	614		611		1,225		1,224
Hawaii excise tax	835		952		1,800		1,891
Management fees	382		422		835		894
Total rental expenses	$	16,500	$	16,686	$	33,120	$	32,972