Rental and Other Revenues; Rental Property and Other Expenses

12 Months Ended

Dec. 31, 2017

Rental and Other Revenues; Rental Property And Other Expenses [Abstract]

Rental and Other Revenues; Rental Property and Other Expenses

Rental and Other Revenues; Rental Property and Other Expenses

Our real estate assets are leased to customers under operating leases. The minimum rental amounts under the leases are generally subject to scheduled fixed increases. Generally, the leases also provide that we receive cost recovery income from customers for increases in certain costs above the costs incurred during a contractually specified base year. The following table sets forth our rental and other revenues from continuing operations:

	Year Ended December 31,
	2017		2016		2015
Contractual rents, net	$	583,825	$	561,242	$	513,909
Straight-line rental income, net	31,721		23,909		22,054
Cost recovery income, net	53,942		48,730		45,247
Lease termination fees	1,501		2,311		990
Other miscellaneous operating revenues	31,748		29,442		22,471
	$	702,737	$	665,634	$	604,671

The following table sets forth our scheduled future minimum base rents to be received from customers for leases in effect at December 31, 2017 for the properties that we wholly own:

2018	$	595,638
2019	556,405
2020	490,429
2021	432,602
2022	377,964
Thereafter	1,378,404
	$	3,831,442

The following table sets forth our rental property and other expenses from continuing operations:

	Year Ended December 31,
	2017		2016		2015
Utilities, insurance and real estate taxes	$	126,461	$	124,940	$	117,470
Maintenance, cleaning and general building	90,764		86,221		79,091
Property management and administrative expenses	13,117		12,588		12,446
Other miscellaneous operating expenses	6,546		7,336		6,934
	$	236,888	$	231,085	$	215,941