Commitments and Contingencies (Tables)

3 Months Ended

Mar. 31, 2019

The following table details the weighted average remaining lease term and discount rates for the Company’s ground and office leases:



Weighted-average remaining lease term - financing leases	27 years
Weighted-average remaining lease term - operating leases	53 years
Weighted-average discount rate - financing leases	4.63	%
Weighted-average discount rate - operating leases	4.97	%

Lessee, Operating Lease, Liability, Maturity

The following tables details the future minimum lease payments under the Company's current leases and a reconciliation of undiscounted and discounted cash flows for operating and financing leases (dollars in thousands):



	Payments due by period
	2019		2020		2021		2022		2023		Thereafter
Operating Lease Obligations	$	10,283	$	11,433	$	13,015	$	12,936	$	12,385	$	369,954
Financing Lease Obligations	806		1,077		1,080		1,082		1,084		41,220
	$	11,089	$	12,510	$	14,095	$	14,018	$	13,469	$	411,174



	Total undiscounted cash flows		Total lease liabilities		Difference between discounted and undiscounted cash flows
Operating Lease Obligations	$	430,006	$	120,202	$	309,804
Financing Lease Obligations	46,349		20,234		26,115
	$	476,355	$	140,436	$	335,919

Finance Lease, Liability, Maturity



	Payments due by period
	2019		2020		2021		2022		2023		Thereafter
Operating Lease Obligations	$	10,283	$	11,433	$	13,015	$	12,936	$	12,385	$	369,954
Financing Lease Obligations	806		1,077		1,080		1,082		1,084		41,220
	$	11,089	$	12,510	$	14,095	$	14,018	$	13,469	$	411,174



	Total undiscounted cash flows		Total lease liabilities		Difference between discounted and undiscounted cash flows
Operating Lease Obligations	$	430,006	$	120,202	$	309,804
Financing Lease Obligations	46,349		20,234		26,115
	$	476,355	$	140,436	$	335,919