XML 43 R31.htm IDEA: XBRL DOCUMENT v3.21.2
Leases (Tables)
6 Months Ended
Jun. 30, 2021
Leases [Abstract]  
Components of Lease Expense, Lease Terms and Discount Rate, and Supplemental Cash Flow Information
The components of lease expense were as follows for the period presented (in thousands):
Six Months Ended
 ClassificationJune 30, 2021June 30, 2020
Operating lease cost: (1)
Real estate lease expenseProperty operating expenses$10,538 $12,516 
Non-real estate investment lease expenseGeneral and administrative expenses2,354 2,549 
Finance lease cost:
Amortization of leased assetsProperty operating expenses4,111 4,043 
Interest on lease liabilitiesInterest expense3,310 2,695 
Sublease incomeRental income(1,267)(2,087)
Total $19,046 $19,716 
(1) Includes short-term leases which are immaterial.
Supplemental Balance Sheet Information Related to Leases
Supplemental balance sheet information related to leases is as follows (in thousands):
 ClassificationJune 30, 2021December 31, 2020
Right of use assets:
Operating leases - real estateRight of use assets, net$296,150 $310,017 
Finance leases - real estateRight of use assets, net157,471 155,849 
Real estate right of use assets, net453,621 465,866 
Operating leases - non-real estate investmentsReceivables and other assets7,248 9,624 
Total right of use assets, net$460,869 $475,490 
Lease liabilities:
Operating leases$298,722 $311,164 
Financing leases110,906 107,102 
Total$409,628 $418,266