Leases (Tables)

3 Months Ended

Mar. 31, 2021

Leases [Abstract]

Schedule of Company's Lease Income

The following table summarizes the Company’s lease income, excluding discontinued operations (in thousands):

	Three Months Ended March 31,
	2021		2020
Fixed income from operating leases	$	262,937	$	226,226
Variable income from operating leases	65,035		56,091
Interest income from direct financing leases	2,163		3,269

Schedule of Components of Net Investment in DFLs

Net investment in DFLs consists of the following (dollars in thousands):

	March 31, 2021		December 31, 2020
Present value of minimum lease payments receivable	$	7,758	$	9,804
Present value of estimated residual value	44,706		44,706
Less deferred selling profits	(7,758)		(9,804)
Net investment in direct financing leases	$	44,706	$	44,706
Properties subject to direct financing leases	1		1

Schedule of Other Lease Information

The following table provides supplemental cash flow information regarding the Company’s leases for which it is the lessee, such as ground leases (dollars in thousands):

	Three Months Ended March 31,
Supplemental Cash Flow Information:	2021		2020
Right-of-use asset obtained in exchange for new lease liability:
Operating leases	$	5,020	$	—