Leases (Tables)

3 Months Ended

Mar. 31, 2021

The components of lease expense were as follows for the period presented (in thousands):


		Three Months Ended
	Classification	March 31, 2021		March 31, 2020
Operating lease cost: (1)
Real estate lease expense	Property operating expenses	$	5,358	$	6,492
Non-real estate investment lease expense	General and administrative expenses	1,185		1,267
Finance lease cost:
Amortization of leased assets	Property operating expenses	2,035		2,243
Interest on lease liabilities	Interest expense	1,663		1,379
Sublease income	Rental income	(1,043)		(1,043)
Total		$	9,198	$	10,338

(1) Includes short-term leases which are immaterial.

Supplemental balance sheet information related to leases is as follows (in thousands):


	Classification	March 31, 2021		December 31, 2020
Right of use assets:
Operating leases - real estate	Right of use assets, net	$	301,505	$	310,017
Finance leases - real estate	Right of use assets, net	153,282		155,849
Real estate right of use assets, net		454,787		465,866
Operating leases - non-real estate investments	Receivables and other assets	7,886		9,624
Total right of use assets, net		$	462,673	$	475,490

Lease liabilities:
Operating leases		$	303,387	$	311,164
Financing leases		105,529		107,102
Total		$	408,916	$	418,266