Leases (Tables)

9 Months Ended

Sep. 30, 2019

Leases [Abstract]

Schedule of Operating Lease ROU Aassets and Operating Lease Liabilities

Operating lease ROU assets and operating lease liabilities are in the Company’s consolidated balance sheet as follows (in thousands):

	Classification	September 30, 2019
Operating Lease ROU Assets	Other Assets, Net	$	21,628
Operating Lease Liabilities	Accounts Payable and Other Liabilities	$	40,518

Schedule of Operating Lease Expenses

Operating lease expenses, including straight-line expense, are included in Operating and Maintenance Expense for the Company’s ground leases and General and Administrative for its office leases are as follows (in thousands):

	Three Months Ended		Nine Months Ended
Classification	September 30, 2019		September 30, 2019
Operating and Maintenance	$	788	$	2,822
General and Administrative(A)		852		2,065
Total lease costs	$	1,640	$	4,887

(A) Includes short-term leases and variable lease costs, which are immaterial.

Schedule of Supplemental Balance Sheet Information Related to Leases

Supplemental balance sheet information related to leases was as follows:

	September 30, 2019
Weighted-Average Remaining Lease Term	35.7 years
Weighted-Average Discount Rate		7.3	%
Cash paid for amounts included in the measurement —    operating cash flows from lease liabilities (in thousands)	$	2,394

Schedule of Future Minimum Rental Revenues from Rental Properties and Minimum Rental Payments under ASC 840

As determined under FASB Accounting Standards Codification (“ASC”) 840, Leases, the scheduled future minimum rental revenues from rental properties under the terms of all non-cancelable tenant leases, assuming no new or renegotiated leases or option extensions for such premises and the scheduled minimum rental payments under the terms of all non-cancelable operating leases, principally ground leases, in which the Company was the lessee as of December 31, 2018, were as follows (in thousands):

Year	Minimum Rental Revenues		Minimum Rental Payments
2019	$	306,740	$	3,253
2020		279,374		4,070
2021		243,379		4,080
2022		202,371		3,928
2023		150,909		3,417
Thereafter		417,296		120,825
	$	1,600,069	$	139,573

Schedule of Maturities of Lease Liabilities

As determined under Topic 842, maturities of lease liabilities were as follows for the 12-month periods ending September 30, (in thousands):

Year	September 30,
2020	$	4,137
2021		4,150
2022		4,114
2023		3,542
2024		3,516
Thereafter		118,216
Total lease payments		137,675
Less imputed interest		(97,157	)
Total	$	40,518

Schedule of Future Minimum Rental Income from Rental Properties under Terms of Non-Cancelable Tenant Leases

The scheduled future minimum rental income from rental properties under the terms of all non-cancelable tenant leases, assuming no new or renegotiated leases or option extensions as determined under Topic 842 for such premises for the 12-month periods ending September 30, were as follows (in thousands):

Year Ending	September 30,
2020	$	315,868
2021		288,171
2022		249,158
2023		199,433
2024		152,146
Thereafter		441,305
Total	$	1,646,081