Real Estate Properties

3 Months Ended

Mar. 31, 2023

Real Estate [Abstract]

Real Estate Properties

Real Estate Properties

During the three months ended March 31, 2023 and 2022, we made improvements, excluding tenant-funded improvements, to our properties totaling $2.0 million and $0.8 million, respectively.

Property Dispositions:

We did not sell any properties during the three months ended March 31, 2023 or 2022.

Lease Payments

Rental revenue consists of the following (in thousands):

	Three Months Ended March 31,
	2023		2022
Lease payments	$	9,067	$	10,103
Variable lease payments	5,159		5,737
Rental revenue	$	14,226	$	15,840