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Lease Accounting (Tables)
 9 Months Ended
Sep. 30, 2020
Leases [Abstract]  
Operating Lease, Lease Income
The following table presents the Company’s classification of rental revenue for its operating leases for the three and nine months ended September 30, 2020 and 2019:
Three Months EndedNine Months Ended
Classification September 30, 2020September 30, 2019September 30, 2020September 30, 2019
Fixed$74,902 $73,396 $219,542 $218,808 
Variable(1)
8,690 6,929 23,879 20,250 
Total$83,592 $80,325 $243,421 $239,058 
(1)    Primarily comprised of tenant reimbursements.
Lessor, Operating Lease, Payments to be Received, Maturity
Future fixed rental receipts for leases, assuming no new or re-negotiated leases as of September 30, 2020 were as follows:
2020 - remainder$71,930 
2021281,421 
2022270,067 
2023269,224 
2024238,853 
2025212,486 
Thereafter1,280,114 
Total$2,624,095 
Assets and Liabilities, Lessee
Supplemental information related to operating leases is as follows:
Nine Months Ended
September 30, 2020September 30, 2019
Weighted-average remaining lease term
Operating leases (years)12.312.4
Weighted-average discount rate
Operating leases4.2 %4.1 %
Lease, Cost
The components of lease expense for the nine months ended September 30, 2020 and 2019 were as follows:
Income Statement Classification FixedVariableTotal
2020:
Property operating$2,985 $— $2,985 
General and administrative1,012 76 1,088 
Total$3,997 $76 $4,073 
2019:
Property operating$2,988 $— $2,988 
General and administrative1,007 85 1,092 
Total$3,995 $85 $4,080 
Lessee, Operating Lease, Liability, Maturity
The following table shows the Company's maturity analysis of its operating lease liabilities as of September 30, 2020:
Operating Leases
2020 - remainder$1,241 
20215,117 
20225,211 
20235,355 
20245,377 
20255,377 
Thereafter21,389 
Total lease payments$49,067 
Less: Imputed interest(11,729)
Present value of operating lease liabilities$37,338