XML 45 R30.htm IDEA: XBRL DOCUMENT v3.22.1
Leases (Tables)
3 Months Ended
Mar. 31, 2022
Leases [Abstract]  
Operating Lease, Lease Income

The following table provides a disaggregation of lease income recognized as either fixed or variable lease income based on the criteria specified in ASC Topic 842:

 

(in thousands)

 

Three months ended March 31,

 

 

 

2022

 

 

2021

 

Operating lease income

 

 

 

 

 

 

Fixed and in-substance fixed lease income

 

$

207,502

 

 

 

196,054

 

Variable lease income

 

 

72,026

 

 

 

64,067

 

Other lease related income, net:

 

 

 

 

 

 

Above/below market rent and tenant rent inducement amortization, net

 

 

5,689

 

 

 

5,996

 

Uncollectible straight-line rent

 

 

2,282

 

 

 

(2,035

)

Uncollectible amounts billable in lease income

 

 

6,146

 

 

 

2,275

 

Total lease income

 

$

293,645

 

 

 

266,357

 

Components Of Tenant And Other Receivables

The following table represents the components of Tenant and other receivables in the accompanying Consolidated Balance Sheets:

 

(in thousands)

 

March 31, 2022

 

 

December 31, 2021

 

Tenant receivables

 

$

17,756

 

 

$

27,354

 

Straight-line rent receivables

 

 

109,953

 

 

 

103,942

 

Other receivables (1)

 

 

24,143

 

 

 

21,795

 

Total tenant and other receivables

 

$

151,852

 

 

$

153,091

 

(1)
Other receivables include construction receivables, insurance receivables, and amounts due from real estate partnerships for Management, transaction and other fee income.