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Commitments and Contingencies (Tables)
12 Months Ended
Dec. 31, 2022
Commitments and Contingencies Disclosure [Abstract]  
Summary of Lease Expense
The following table presents ground lease expense, included in property operating expense, for the years ended December 31, 2022, 2021 and 2020 (dollars in thousands):
Year Ended December 31,
202220212020
Operating lease expense:
Minimum lease expense$3,075 $3,057 $3,194 
Variable lease expense— — — 
$3,075 $3,057 $3,194 
For the years ended December 31, 2022 and 2021, the following table summarizes lease expense, included in operating expense (dollars in thousands):
Year Ended December 31,
20222021
Corporate Offices
Operating lease expense:
   Fixed lease expense$1,220 $532 
$1,220 $532 
Schedule of Future Minimum Rental Payments The following table presents future minimum rental payments, excluding contingent rents, on noncancellable ground leases on real estate as of December 31, 2022 (dollars in thousands):
2023$3,110 
20242,213 
20252,148 
20262,073 
2027 1,755 
2028 and thereafter15,499 
Total lease payments26,798 
Less: Present value discount8,581 
Operating lease liability (Note 7)$18,217 
For these ground leases, the Company has elected the practical expedient to combine lease and related nonlease components as a single lease component.
As of December 31, 2022, the Company’s future operating lease commitments for the corporate office leases were as follows (dollars in thousands):
Corporate Offices(1)
2023$1,239 
20241,293 
20251,308 
20261,323 
20271,339 
2028 and thereafter1,729 
  Total lease payments8,231 
Less: Present value discount487 
  Operating lease liability (Note 7)$7,744 
__________________________________________(1)The Company entered into a Los Angeles, California office lease in the first quarter of 2022, with rent payments beginning in 2023.