COMPONENTS OF RENTAL INCOME AND EXPENSE

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



	Year Ended December 31,
	2015		2014		2013
Minimum rents
Retail	$	72,999	$	70,573	$	69,374
Office	87,125		82,018		81,845
Multifamily	18,137		15,732		14,926
Mixed-Use	10,313		10,004		9,549
Cost reimbursement	30,796		29,052		27,583
Percentage rent	2,834		3,107		2,655
Hotel revenue	38,191		33,911		35,137
Other	1,492		1,681		1,688
Total rental income	$	261,887	$	246,078	$	242,757

Minimum rents include $2.7 million, $1.9 million and $2.6 million for the years ended December 31, 2015, 2014 and 2013, respectively, to recognize minimum rents on a straight-line basis. In addition, minimum rents include $2.9 million, $2.8 million and $2.4 million for the years ended December 31, 2015, 2014 and 2013, 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,
	2015		2014		2013
Rental operating	$	27,611	$	26,371	$	26,028
Hotel operating	23,112		21,488		22,115
Repairs and maintenance	11,503		10,600		10,514
Marketing	2,104		1,623		1,547
Rent	2,511		2,452		2,442
Hawaii excise tax	4,408		3,981		4,153
Management fees	1,938		1,752		1,809
Total rental expenses	$	73,187	$	68,267	$	68,608