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Leases (Tables)
 6 Months Ended
Jun. 30, 2022
Leases [Abstract]  
Operating Lease Revenue Recognized The table below sets forth our composition of lease revenue recognized between fixed and variable lease revenue (in thousands):
For the Three Months Ended June 30, For the Six Months Ended June 30,
Lease revenue (1)2022202120222021
Fixed$112,691 $107,823 $223,858 $214,758 
Variable 29,586 28,631 59,808 58,986 
$142,277 $136,454 $283,666 $273,744 
(1)Excludes lease revenue from discontinued operations of which: $5.6 million was fixed and $1.6 million was variable for the three months ended June 30, 2021; and $1.5 million and $11.1 million was fixed and $527,000 and $3.4 million was variable for the six months ended June 30, 2022 and 2021, respectively.
Sales-type Leases Fixed Contractual Payments Due
Fixed contractual payments due under our property leases were as follows (in thousands):

As of June 30, 2022
Year Ending December 31,Operating leasesSales-type leases
2022 (1)$223,948 $480 
2023420,071 960 
2024372,126 960 
2025285,179 960 
2026221,782 960 
Thereafter1,055,808 3,556 
Total contractual payments$2,578,914 7,876 
Less: Amount representing interest(1,942)
Net investment in sales-type leases$5,934 
(1)Represents the six months ending December 31, 2022.
Operating Leases Fixed Contractual Payments Due
Fixed contractual payments due under our property leases were as follows (in thousands):

As of June 30, 2022
Year Ending December 31,Operating leasesSales-type leases
2022 (1)$223,948 $480 
2023420,071 960 
2024372,126 960 
2025285,179 960 
2026221,782 960 
Thereafter1,055,808 3,556 
Total contractual payments$2,578,914 7,876 
Less: Amount representing interest(1,942)
Net investment in sales-type leases$5,934 
(1)Represents the six months ending December 31, 2022.
Right-of-Use Assets and Lease Liabilities Our property right-of-use assets consisted of the following (in thousands):
LeasesBalance Sheet LocationJune 30, 2022December 31, 2021
Right-of-use assets
Operating leases - PropertyProperty - operating right-of-use assets$38,056 $38,361 
Finance leases - PropertyPrepaid expenses and other assets, net2,222 2,238 
Total right-of-use assets$40,278 $40,599 

Our property lease liabilities reported on our consolidated balance sheets consisted of the following (in thousands):
LeasesBalance Sheet LocationJune 30, 2022December 31, 2021
Lease liabilities
Operating leases - PropertyProperty - operating lease liabilities$29,412 $29,342 
Lease Costs The table below presents our total property lease cost (in thousands):
Statement of Operations LocationFor the Three Months Ended June 30, For the Six Months Ended June 30,
Lease cost2022202120222021
Operating lease cost
Property leases - fixedProperty operating expenses$1,032 $1,013 $2,051 $1,986 
Property leases - variableProperty operating expenses17 10 33 20 
Finance lease cost
Amortization of property right-of-use assetsProperty operating expenses8 9 16 18 
$1,057 $1,032 $2,100 $2,024 

The table below presents the effect of property lease payments on our consolidated statements of cash flows (in thousands):
For the Six Months Ended June 30,
Supplemental cash flow information20222021
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows for operating leases$1,676 $1,586 
Financing cash flows for financing leases$— $10 
Operating Lease, Liability, Maturity
Payments on property operating leases were due as follows (in thousands):
Year Ending December 31,
June 30, 2022
2022 (1)$1,679 
20233,399 
20243,451 
20251,797 
20261,578 
Thereafter125,934 
Total lease payments137,838 
Less: Amount representing interest(108,426)
Lease liability$29,412 
(1)Represents the six months ending December 31, 2022.