Leases (Tables)

3 Months Ended

Mar. 31, 2020

Schedule of Assets and Liabilities in Connection With Acquisitions of Leasehold Interests

The Company recorded the following assets and liabilities in connection with acquisitions of leasehold interests:

	Three Months Ended March 31, 2020		Year Ended December 31, 2019

Amounts recorded upon acquisition of leasehold interests:
Right of use asset - operating lease	$	—	$	50,147
Right of use asset - finance lease		—		19,422
Leasehold improvements		—		13,354
Lease intangibles (Note 6)		—		1,760
Lease liability - operating lease		—		(45,293	)
Acquisition-related intangible liabilities (Note 6)		—		(359	)
Cash paid upon acquisition of leasehold interests	$	—	$	39,031

Schedule of Lease Cost

	Three Months Ended March 31,
	2020			2019
Lease Cost
Finance lease cost:
Amortization of right-of-use assets	$	657		$	496
Interest on lease liabilities		850			843
Subtotal		1,507			1,339
Operating lease cost		1,394			536
Short-term lease cost		—			—

Variable lease cost		16			32
Less: sublease income		—			—

Total lease cost	$	2,917		$	1,907

Other Information
Weighted-average remaining lease term - finance leases (years)		42.3			47.4
Weighted-average remaining lease term - operating leases (years)		34.1			8.4
Weighted-average discount rate - finance leases		4.4	%		4.4	%
Weighted-average discount rate - operating leases		5.8	%		5.0	%

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 March 31, 2020, are summarized as follows (in thousands):

Year Ending December 31,	Minimum Rental Revenues ^(a)		Minimum Rental Payments ^(b)
2020 (Remainder)	$	151,850	$	5,251
2021		201,955		6,823
2022		182,397		6,832
2023		161,665		6,825
2024		139,995		7,008
Thereafter		575,373		312,421
Total	$	1,413,235	$	345,160