COMPONENTS OF RENTAL INCOME AND EXPENSE (Tables)

9 Months Ended

Sep. 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 September 30,				Nine Months Ended September 30,
	2015		2014		2015		2014
Minimum rents
Retail	$	18,274	$	17,841	$	54,741	$	52,581
Office	22,193		20,534		64,913		60,970
Multifamily	4,650		3,992		12,820		11,723
Mixed-use	2,603		2,523		7,703		7,489
Cost reimbursement	8,049		7,405		22,654		21,115
Percentage rent	552		732		1,277		1,548
Hotel revenue	10,796		10,122		28,531		26,167
Other	354		444		1,137		1,275
Total rental income	$	67,471	$	63,593	$	193,776	$	182,868

Principal components of rental expenses

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

	Three Months Ended September 30,				Nine Months Ended September 30,
	2015		2014		2015		2014
Rental operating	$	7,083	$	6,644	$	19,675	$	19,602
Hotel operating	6,131		5,777		17,339		16,303
Repairs and maintenance	3,034		2,404		8,119		7,398
Marketing	445		355		1,316		1,137
Rent	573		612		1,805		1,837
Hawaii excise tax	1,186		1,080		3,115		2,880
Management fees	533		502		1,441		1,337
Total rental expenses	$	18,985	$	17,374	$	52,810	$	50,494