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Lease Accounting (Tables)
 6 Months Ended
Jun. 30, 2023
Leases [Abstract]  
Operating Lease, Lease Income The following table presents the Company’s classification of rental revenue for its operating leases and sales-type lease for the three and six months ended June 30, 2023 and 2022:
Three Months Ended June 30,Six Months Ended June 30,
Classification 2023202220232022
Fixed$69,049 $67,015 $137,136 $133,997 
Sales-type lease income1,848 — 3,681 — 
Variable(1)
14,168 10,924 27,665 22,478 
Total$85,065 $77,939 $168,482 $156,475 
(1)    Primarily comprised of tenant reimbursements.
Lessor, Operating Lease, Payments to be Received, Maturity
Future fixed rental receipts for operating and sales-type leases, assuming no new or re-negotiated leases as of June 30, 2023 were as follows:
OperatingSales-Type
2023 - remainder$133,883 $2,614 
2024251,719 5,263 
2025234,071 5,473 
2026214,826 5,692 
2027178,132 5,920 
2028147,865 6,156 
Thereafter500,591 733,006 
Total$1,661,087 $764,124 
Difference between undiscounted cash flow and present value(701,731)
Investment in a sales-type lease$62,393 
Assets and Liabilities, Lessee
Supplemental information related to operating leases is as follows:
Six Months Ended
June 30, 2023June 30, 2022
Weighted-average remaining lease term
Operating leases (years)9.29.5
Weighted-average discount rate
Operating leases4.1 %4.0 %
Lease, Cost
The components of lease expense for the six months ended June 30, 2023 and 2022 were as follows:
Income Statement Classification FixedVariableTotal
2023:
Property operating$1,771 $7 $1,778 
General and administrative767 151 918 
Total$2,538 $158 $2,696 
2022:
Property operating$1,771 $— $1,771 
General and administrative767 42 809 
Total$2,538 $42 $2,580 
Lessee, Operating Lease, Liability, Maturity
The following table shows the Company's maturity analysis of its operating lease liabilities as of June 30, 2023:
Operating Leases
2023 - remainder$2,501 
20245,199 
20255,204 
20264,174 
20273,673 
20281,061 
Thereafter6,440 
Total lease payments$28,252 
Less: Imputed interest(5,447)
Present value of lease liabilities$22,805