COMPONENTS OF RENTAL INCOME AND EXPENSE (Tables)

9 Months Ended

Sep. 30, 2021

Revenue Recognition and Deferred 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,
	2021		2020		2021		2020
Lease rental income
Office	$	45,855	$	43,193	$	132,229	$	127,890
Retail	23,438		18,334		65,866		64,198
Multifamily	12,169		11,770		35,684		35,380
Mixed-use	2,618		902		6,851		7,338
Percentage rent	969		1,353		2,593		1,677
Hotel revenue	8,164		4,680		17,626		13,948
Other	591		527		1,724		1,628
Total rental income	$	93,804	$	80,759	$	262,573	$	252,059

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,
	2021		2020		2021		2020
Rental operating	$	11,014	$	9,501	$	30,165	$	28,078
Hotel operating	5,429		3,153		12,287		10,893
Repairs and maintenance	4,492		4,199		12,263		12,816
Marketing	470		498		1,174		1,384
Rent	856		1,029		3,166		2,834
Hawaii excise tax	794		556		1,960		1,928
Management fees	411		272		901		824
Total rental expenses	$	23,466	$	19,208	$	61,916	$	58,757