COMPONENTS OF RENTAL INCOME AND EXPENSE (Tables)

6 Months Ended

Jun. 30, 2015

Operating Leases, Income Statement, Lease Revenue [Abstract]

Principal components of rental income

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

	Three Months Ended June 30,				Six Months Ended June 30,
	2015		2014		2015		2014
Minimum rents
Retail	$	18,256	$	17,448	$	36,467	$	34,740
Office	21,533		20,200		42,720		40,436
Multifamily	4,136		3,897		8,170		7,731
Mixed-use	2,577		2,496		5,100		4,966
Cost reimbursement	7,568		6,906		14,605		13,710
Percentage rent	365		391		725		816
Hotel revenue	8,727		7,043		17,735		16,045
Other	390		412		783		831
Total rental income	$	63,552	$	58,793	$	126,305	$	119,275

Principal components of rental expenses

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

	Three Months Ended June 30,				Six Months Ended June 30,
	2015		2014		2015		2014
Rental operating	$	6,311	$	6,432	$	12,592	$	12,958
Hotel operating	5,563		4,973		11,208		10,526
Repairs and maintenance	2,834		2,872		5,085		4,994
Marketing	486		392		871		782
Rent	618		614		1,232		1,225
Hawaii excise tax	943		835		1,929		1,800
Management fees	450		382		908		835
Total rental expenses	$	17,205	$	16,500	$	33,825	$	33,120