Lease Agreements

12 Months Ended

Dec. 31, 2015

Leases [Abstract]

Lease Agreements

Lease Agreements

As of December 31, 2015 the Company is a lessor for three commercial buildings and the commercial portions of 33 mixed use communities. The tenants’ lease terms expire at various times through 2031. The future minimum non-cancelable base rent to be received under these operating leases for each of the years ending after December 31 is summarized as follows ($ in thousands):

	Future
	Minimum
	Rent
2016	$	11,067
2017	10,078
2018	9,211
2019	8,467
2020	7,690
Thereafter	24,955
	$	71,468