Leases (Tables)

6 Months Ended

Jun. 30, 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:

	Six Months Ended June 30, 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
Other Assets		—		—
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 June 30,				Six Months Ended June 30,
	2020		2019		2020			2019
Lease Cost
Finance lease cost:
Amortization of right-of-use assets	$	487		542	$	1,144		$	1,038
Interest on lease liabilities		599		934		1,449			1,777
Subtotal		1,086		1,476		2,593			2,815
Operating lease cost		1,725		1,107		3,119			1,643
Variable lease cost		6		25		22			57
Total lease cost	$	2,817	$	2,608	$	5,734		$	4,515

Other Information
Weighted-average remaining lease term - finance leases (years)						33.7			45.4
Weighted-average remaining lease term - operating leases (years)						26.9			33.8
Weighted-average discount rate - finance leases						6.2	%		4.5	%
Weighted-average discount rate - operating leases						5.4	%		5.8	%

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

Year Ending December 31,	Minimum Rental Revenues ^(a)		Minimum Rental Payments ^(b)
2020 (Remainder)	$	104,368	$	3,213
2021		212,996		8,289
2022		194,004		7,498
2023		170,353		7,494
2024		145,120		7,654
Thereafter		590,198		170,432
Total	$	1,417,039	$	204,580