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Leases (Tables)
 12 Months Ended
Dec. 31, 2020
Leases [Abstract]  
Scheduled future minimum base rental payments due to be received under remaining non-cancelable term of operating leases (ASC 842)
(in thousands)Future Minimum Base
Rental Receipts
2021$186,271 
2022189,346 
2023192,210 
2024193,275 
2025191,848 
Thereafter2,092,267 
Total$3,045,217 
Components of fixed and variable lease revenues
The Company recorded the following amounts as adjustments to rental revenue or allowance for doubtful accounts during the periods presented:
Year ended December 31,
(in thousands)202020192018
Adjustment to rental revenue/allowance for doubtful accounts$7,149 $593 $235 
The Company recorded the following amounts as contingent rent, which are included as a component of rental revenue in the Company's consolidated statements of operations, during the periods presented:
Year ended December 31,
(in thousands)202020192018
Contingent rent$444 $855 $1,083 
The fixed and variable components of lease revenues for the years ended December 31, 2020, 2019, and 2018 were as follows:
Year ended December 31,
(in thousands)202020192018
Fixed lease revenues $165,171 $134,879 $94,770 
Variable lease revenues (1)
1,341 2,282 1,671 
Total lease revenues (2)
$166,512 $137,161 $96,441 
_____________________________________
(1)Includes contingent rent based on a percentage of the tenant’s gross sales and costs paid by the Company for which it is reimbursed by its tenants.
(2)Excludes the amortization and accretion of above- and below-market lease intangible assets and liabilities and lease incentives and the adjustment to rental revenue for tenant credit.
Information related to measurement of lease liabilities
The following table sets forth information related to the measurement of the Company's lease liabilities as of the dates presented:
 December 31, 2020December 31, 2019
Weighted average remaining lease term (in years)22.421.9
Weighted average discount rate6.41%7.00%
Details of rent expense
Year ended December 31,
(in thousands)202020192018
Fixed rent expense - Ground Rent$905 $911 $1,010 
Fixed rent expense - Office Rent512 514 273 
Variable rent expense— — — 
Total rent expense$1,418 $1,425 $1,284 
Summary of future lease payments due from company under ground, office and equipment operating leases (ASC 842)
As of December 31, 2020, under ASC 842, future lease payments due from the Company under the ground, office and equipment operating leases where the Company is directly responsible for payment and the future lease payments due under the ground operating leases where the Company's tenants are directly responsible for payment over the next five years and thereafter were as follows:
(in thousands)Office and Equipment LeasesGround Leases
to be Paid by
the Company 		Ground Leases
to be Paid
Directly by the
Company’s
Tenants 		Total Future
Minimum
Base Rental
Payments
2021$511 $151 $809 $1,471 
2022518 151 811 1,480 
2023525 131 485 1,141 
2024531 24 436 991 
2025538 — 356 894 
Thereafter— — 14,562 14,562 
Total$2,623 $457 $17,459 20,539 
Present value discount(11,703)
Lease liabilities$8,836