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Leases (Tables)
 6 Months Ended
Jun. 30, 2022
Leases [Abstract]  
Disaggregation of Lease Income
The following table provides a disaggregation of lease income recognized under ASC 842 (in thousands):

Three Months Ended June 30,Six Months Ended June 30,
2022202120222021
Rental revenue
Fixed lease income (1)
$19,653 $12,497 $37,721 $23,450 
Variable lease income (2)
2,229 1,067 4,918 1,856 
Other rental revenue:
Above/below market lease amortization, net294 237 577 427 
Lease incentives(128)(3)(246)(3)
Rental revenue (including reimbursable)$22,048 $13,798 $42,970 $25,730 
(1)     Fixed lease income includes contractual rents under lease agreements with tenants recognized on a straight-line basis over the lease term.
(2) Variable lease income primarily includes tenant reimbursements for real estate taxes, insurance, common area maintenance, and lease termination fees, and the write-off of uncollectible amounts.
Schedule of Future Minimum Base Rental Receipts Scheduled future minimum base rental payments (excluding base rental payments from properties classified as held for sale and straight-line rent adjustments for all properties) due to be received under the remaining non-cancelable term of the operating leases in place as of June 30, 2022 are as follows (in thousands):
Future Minimum Base
Rental Receipts
Remainder of 2022$41,095 
202382,788 
202483,410 
202582,937 
202680,049 
Thereafter441,098 
$811,377 
Lease Expense Components
The following table presents the lease expense components for the three and six months ended June 30, 2022 (in thousands):

Three Months Ended
June 30,		Six Months Ended
June 30,
2022202120222021
Operating lease cost$135 $— $270 $— 
Variable lease cost$7 $— $10 $— 
Schedule of Future Minimum Base Rental Payments
The following table reflects the maturity analysis of payments due from the Company over the next five years and thereafter for the corporate office lease obligation as of June 30, 2022 (in thousands):

Future Minimum Lease Payments
Remainder of 2022$141 
2023533 
2024617 
2025636 
2026653 
Thereafter3,982 
Total lease payments6,562 
Less: amount representing interest (1)
(1,046)
Present value of operating lease liabilities$5,516 

(1) Imputed interest was calculated using a discount rate of 3.25%. The discount rate is based on the estimated incremental borrowing rate, calculated as the treasury rate for the same period as the underlying lease term, plus a spread determined using factors including REIT industry performance.