Leases (Tables)

12 Months Ended

Dec. 31, 2019

Leases [Abstract]

Schedule of Operating Lease ROU Aassets and Operating Lease Liabilities

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

	Classification	December 31, 2019
Operating Lease ROU Assets	Other Assets, Net	$	21,792
Operating Lease Liabilities	Accounts Payable and Other Liabilities	$	40,725

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):

Classification	December 31, 2019
Operating and Maintenance	$	3,495
General and Administrative(A)		2,837
Total lease costs	$	6,332

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

Schedule of Supplemental Balance Sheet Information Related to Operating Leases

Supplemental balance sheet information related to operating leases was as follows:

	December 31, 2019
Weighted-Average Remaining Lease Term	35.3 years
Weighted-Average Discount Rate		7.3	%
Cash paid for amounts included in the measurement —    operating cash flows from lease liabilities (in thousands)	$	3,548

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
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
	$	1,293,329	$	136,320

Schedule of Maturities of Lease Liabilities

As determined under Topic 842, maturities of lease liabilities were as follows for the years ended December 31, (in thousands):

Year	December 31,
2020	$	4,411
2021		4,407
2022		4,008
2023		3,495
2024		3,522
Thereafter		117,363
Total lease payments		137,206
Less imputed interest		(96,481	)
Total	$	40,725

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 years ending December 31, were as follows (in thousands):

Year	December 31,
2020	$	320,734
2021		289,905
2022		249,095
2023		197,406
2024		151,140
Thereafter		457,363
Total	$	1,665,643