Leases (Tables)

6 Months Ended

Jun. 30, 2022

Leases [Abstract]

Activity for Reserves Related to Billed Rents and Straight-line Rents

The activity for the reserves related to billed rents and straight-line rents (including those under specific operating leases where the collection of rents is assessed to be not probable) is as follows:

	Six Months Ended June 30, 2022
	Balance at Beginning of Period		Provision (Recovery), Net			Adjustments to Valuation Accounts		Write-Offs			Balance at End of Period
Allowance for credit loss - billed rents	$	23,586	$	(1,387	)	$	—	$	(4,031	)	$	18,168
Straight-line rent reserves		14,885		(462	)		—		(1,276	)		13,147
Total - rents receivable	$	38,471	$	(1,849	)	$	—	$	(5,307	)	$	31,315

Schedule of Lease Cost

Additional disclosures regarding the Company’s leases as lessee are as follows:

	Three Months Ended June 30,				Six Months Ended June 30,
	2022		2021		2022			2021
Lease Cost
Finance lease cost:
Amortization of right-of-use assets	$	225		225	$	451		$	451
Interest on lease liabilities		102		97		202			192
Subtotal		327		322		653			643
Operating lease cost		1,295		2,230		2,670			4,516
Variable lease cost		22		19		42			34
Total lease cost	$	1,644	$	2,571	$	3,365		$	5,193
Other Information
Weighted-average remaining lease term - finance leases (years)						32.3			33.0
Weighted-average remaining lease term - operating leases (years)						13.8			14.4
Weighted-average discount rate - finance leases						6.3	%		6.3	%
Weighted-average discount rate - operating leases						5.1	%		5.1	%

Schedule of Future Minimum Rental Revenues and Payments for Operating and Capital Leases

The scheduled future minimum (i) rental revenues from rental properties under the terms of non-cancelable tenant leases greater than one year (assuming no new or renegotiated leases or option extensions for such premises) and (ii) rental payments under the terms of all non-cancelable operating and finance leases in which the Company is the lessee, principally for office space, land and equipment, as of June 30, 2022, are summarized as follows (in thousands):

			Minimum Rental Payments
Year Ending December 31,	Minimum Rental Revenues (a)		Operating Leases (b)			Finance Leases (b)
2022 (Remainder)	$	106,719	$	2,685		$	34
2023		221,953		5,389			—
2024		202,638		5,414			—
2025		170,740		5,329			—
2026		142,964		5,173			—
Thereafter		596,528		24,436			12,515
		1,441,542		48,426			12,549
Interest		—		(11,396	)		(5,735	)
Total	$	1,441,542	$	37,030		$	6,814