Lease Agreements - Company as Lessee (Tables)

12 Months Ended

Dec. 31, 2019

Leases [Abstract]

Schedule of Balance Sheet Information Related to Leases

Supplemental consolidated balance sheet information related to leases as of December 31, 2019 is as follows ($ in thousands):

	Classification	December 31, 2019
Assets
Operating lease right-of-use assets	Operating lease right-of-use assets	$	74,744
Total leased assets		$	74,744
Liabilities
Operating lease liabilities	Operating lease liabilities	76,740
Total lease liabilities		$	76,740

Schedule of Components of Lease Expense/Discount Rate Information

The components of lease expense for the year ended December 31, 2019 were as follows ($ in thousands):

	December 31, 2019
Operating lease cost	$	6,745
Variable lease cost	783
Short-term lease cost	610
Sublease income	(436		)
Total lease cost	$	7,702

Lease term and discount rate information for leases at December 31, 2019 are as follows:

Weighted-average of remaining lease terms (years)
Operating Leases	39
Weighted-average of discount rates
Operating Leases	4.99	%

Schedule of Maturity Analysis of Operating Lease Liabilities

A maturity analysis of lease liabilities as of December 31, 2019 are as follows ($ in thousands):

	Operating Leases
2020	$	6,855
2021	6,877
2022	6,888
2023	6,860
2024	6,585
Thereafter	146,673
Total lease payments	$	180,738
Less: Imputed interest	(103,998		)
Present Value of lease liabilities	$	76,740

Schedule of Future Minimum Rental Payments for Operating Leases

As of December 31, 2018, in accordance with previously applicable lease accounting guidance, ASC 840 "Leases", the future minimum non-cancelable base rent to be received under one commercial building and commercial portions of mixed use communities, for which the Company was the lessor, was as follows ($ in thousands):

	Future Minimum Rent
2019	$	16,386
2020	15,842
2021	14,412
2022	13,324
2023	12,181
Thereafter	33,034
	$	105,179

As of December 31, 2018, in accordance with previously applicable lease accounting guidance, ASC 840, the total minimum lease commitments under operating leases was as follows ($ in thousands):

	Future Minimum Rent
2019	$	6,811
2020	6,855
2021	6,877
2022	6,888
2023	6,860
Thereafter	153,258
	$	187,549