Leases (Tables)

6 Months Ended

Jun. 30, 2020

Leases [Abstract]

Summary of Lease Income Types Relating to Lease Payments along with Total Other Rental Income

The following table presents the lease income types relating to lease payments for residential and non-residential leases along with the total other rental income for the six months and quarter ended June 30, 2020 (amounts in thousands):

	Six Months Ended June 30, 2020						Quarter Ended June 30, 2020
Income Type	Residential Leases		Non-Residential Leases		Total		Residential Leases		Non-Residential Leases		Total
Residential and non-residential rent	$	1,207,106	$	30,221	$	1,237,327	$	594,626	$	12,127	$	606,753
Utility recoveries (RUBS income) (1)		35,232		375		35,607		17,814		147		17,961
Parking rent		19,460		223		19,683		9,627		126		9,753
Storage rent		1,913		40		1,953		951		21		972
Pet rent		5,740		—		5,740		2,839		—		2,839
Total lease revenue	$	1,269,451	$	30,859		1,300,310	$	625,857	$	12,421		638,278
Total other rental income (2)						35,527						15,254
Rental income					$	1,335,837					$	653,532

(1) RUBS income primarily consists of variable payments representing the recovery of utility costs from residents.

(2) Other rental income is accounted for under the revenue recognition standard.

The following table presents the lease income types relating to lease payments for residential and non-residential leases along with the total other rental income for the six months and quarter ended June 30, 2019 (amounts in thousands):

	Six Months Ended June 30, 2019						Quarter Ended June 30, 2019
Income Type	Residential Leases		Non-Residential Leases		Total		Residential Leases		Non-Residential Leases			Total
Residential and non-residential rent	$	1,190,729	$	36,163	$	1,226,892	$	598,209	$	17,693		$	615,902
Utility recoveries (RUBS income) (1)		33,303		412		33,715		16,858		209			17,067
Parking rent		18,469		159		18,628		9,332		87			9,419
Storage rent		1,856		32		1,888		937		(12	)		925
Pet rent		5,798		—		5,798		2,911		—			2,911
Total lease revenue	$	1,250,155	$	36,766		1,286,921	$	628,247	$	17,977			646,224
Total other rental income (2)						44,755							23,150
Rental income					$	1,331,676						$	669,374

(1) RUBS income primarily consists of variable payments representing the recovery of utility costs from residents.

(2) Other rental income is accounted for under the revenue recognition standard.