Rental and Other Revenues; Rental Property and Other Expenses

12 Months Ended

Dec. 31, 2013

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,
	2013			2012			2011
Contractual rents, net	$	474,163		$	413,650		$	374,674
Straight-line rental income, net	17,226			16,104			11,536
Amortization of lease incentives	(1,409		)	(1,389		)	(1,302		)
Cost recovery income, net	43,586			38,547			32,602
Lease termination fees	2,030			1,848			1,802
Fee income	5,557			4,965			5,571
Other miscellaneous operating revenues	15,657			11,321			7,073
	$	556,810		$	485,046		$	431,956

The following table sets forth our scheduled future minimum base rents to be received from customers for leases in effect at December 31, 2013 for the properties that we wholly own:

2014	$	512,083
2015	486,862
2016	438,741
2017	375,264
2018	311,015
Thereafter	1,111,421
	$	3,235,386

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

	Year Ended December 31,
	2013		2012		2011
Utilities, insurance and real estate taxes	$	108,095	$	94,710	$	86,007
Maintenance, cleaning and general building	75,969		65,430		55,260
Property management and administrative expenses	12,429		11,718		10,492
Other miscellaneous operating expenses	6,851		4,886		5,547
	$	203,344	$	176,744	$	157,306