LEASES (Tables)

9 Months Ended

Sep. 30, 2019

Leases [Abstract]

Current minimum future rentals under the leases

As of September 30, 2019, minimum future rentals from noncancelable operating leases, before any reserve for uncollectible amounts and assuming no early lease terminations, at our office and retail properties and the retail portion of our mixed-use property are as follows (in thousands):

Year Ending December 31,
2019 (three months ending December 31, 2019)	$	57,072
2020	214,030
2021	205,404
2022	187,190
2023	166,102
Thereafter	631,366
Total	$	1,461,164

Current minimum annual payments under the leases

Current annual payments under the operating leases are as follows, as of September 30, 2019 (in thousands): 

Year Ending December 31,
2019 (three months ending December 31, 2019)	$	846
2020	3,422
2021	2,153
2022	—
2023	—
Thereafter	—
Total lease payments	$	6,421
Imputed interest	$	(256	)
Present value of lease liability	$	6,165

Lease costs under operating leases and supplemental cash flow information of leases

Lease costs under the operating leases are as follows (in thousands):    

	Three Months Ended September 30,			Nine Months Ended September 30,
	2019			2019
Operating lease cost	$	833		$	2,500
Variable lease cost	—			—
Sublease income	(975		)	(2,233		)
Total lease (income) cost	$	(142	)	$	267
Weighted-average remaining lease term - operating leases (in years)				1.9
Weighted-average discount rate - operating leases				4.13		%

Supplemental cash flow information and non-cash activity related to our operating leases are as follow (in thousands):

	Nine Months Ended September 30,
	2019
Operating cash flow information:
Cash paid for amounts included in the measurement of lease liabilities	$	2,501
Non-cash activity:
Right-of-use assets obtained in exchange for operating lease obligations	$	7,661