Lease Agreements (Tables)

9 Months Ended

Sep. 30, 2023

Leases [Abstract]

Components of rental revenues

The components of rental revenues are as follows (in thousands):

	Three months ended				Nine months ended
	September 30,				September 30,
	2023		2022		2023		2022
Rental revenues - fixed	$	87,315	$	79,427	$	252,017	$	239,417
Rental revenues - variable (1)	23,520		26,142		66,988		72,170
Rental revenues	$	110,835	$	105,569	$	319,005	$	311,587

(1)Primarily includes rents based on a percentage of tenant sales volume and reimbursable expenses such as common area expenses, utilities, insurance and real estate taxes.