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Leases (Tables)
3 Months Ended
Mar. 31, 2023
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,

 

 

 

2023

 

 

2022

 

Operating lease income

 

 

 

 

 

 

Fixed and in-substance fixed lease income

 

$

219,641

 

 

 

207,502

 

Variable lease income

 

 

80,780

 

 

 

72,026

 

Other lease related income, net:

 

 

 

 

 

 

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

 

 

5,865

 

 

 

5,689

 

Uncollectible straight-line rent

 

 

578

 

 

 

2,282

 

Uncollectible amounts billable in lease income

 

 

1,937

 

 

 

6,146

 

Total lease income

 

$

308,801

 

 

 

293,645

 

Components Of Tenant And Other Receivables

The following table represents the components of Tenant and other receivables, net of amounts considered uncollectible, in the accompanying Consolidated Balance Sheets:

 

(in thousands)

 

March 31, 2023

 

 

December 31, 2022

 

Tenant receivables

 

$

21,546

 

 

 

31,486

 

Straight-line rent receivables

 

 

130,811

 

 

 

128,214

 

Other receivables (1)

 

 

29,222

 

 

 

29,163

 

Total tenant and other receivables

 

$

181,579

 

 

 

188,863

 

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