Commitments and Contingencies (Tables)

12 Months Ended

Dec. 31, 2017

Commitments and Contingencies Disclosure [Abstract]

Schedule of Future Minimum Rental Payments for Operating Leases

The following table presents future minimum base rent payments due to the Company over the next five years and thereafter. These amounts exclude contingent rent payments, as applicable, that may be collected from certain tenants based on provisions related to sales thresholds and increases in annual rent based on exceeding certain economic indexes among other items (in thousands):

	Future Minimum Operating Lease Base Rent Payments		Future Minimum Direct Financing Lease Payments (1)
2018	$	1,105,205	$	3,016
2019	1,082,111		2,397
2020	1,049,997		2,023
2021	1,009,474		1,899
2022	929,909		1,809
Thereafter	5,950,591		2,184
Total	$	11,127,287	$	13,328

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(1) 29 properties are subject to direct financing leases and, therefore, revenue is recognized as direct financing lease income on the discounted cash flows of the lease payments. Amounts reflected are the minimum base rental cash payments due to the Company under the lease agreements on these respective properties.

The following table reflects the minimum base rent payments due from the Company over the next five years and thereafter for certain ground lease obligations, which are substantially reimbursable by our tenants, and office lease obligations (in thousands):

	Future Minimum Base Rent Payments
	Ground Leases		Office Leases
2018	$	14,523	$	4,394
2019	14,467		4,359
2020	14,350		4,389
2021	13,721		4,368
2022	13,935		4,419
Thereafter	211,514		3,995
Total	$	282,510	$	25,924