COVID-19 Pandemic (Tables)

6 Months Ended

Jun. 30, 2020

Risks and Uncertainties [Abstract]

Schedules of Concentration of Risk, by Risk Factor [Table Text Block]

The following table sets forth information regarding the status of rents billed during the second quarter as of June 30, 2020 (In thousands):

Second Quarter Rents Billed: (1)	As of June 30, 2020		% of Rents
Rents collected	$	22,899	23	%
Unmodified rents expected to be collected(2)	$	19,469	20	%
Rents deferred (3)	$	25,558	26	%
Under negotiation	$	5,389	6	%
One-time rent concessions in exchange for amendments to lease structure	$	13,852	14	%
Bankruptcy related, primarily pre-petition rents	$	8,894	9	%
At risk due to tenant financial weakness	$	1,447	2	%
Total rents billed	$	97,508	100	%

(1) Excludes variable revenue which is derived from tenant sales and lease termination fees.

(2) In July 2020, we collected $9.7 million of these rents.

(3)

Includes rents deferred with substantially all payments due in 2021, for which the majority is due in January/February of 2021.