Quarterly report pursuant to Section 13 or 15(d)

Tenant Leases

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Tenant Leases
 6 Months Ended
Jun. 30, 2011
Tenant Leases  
Tenant Leases
13.      TENANT LEASES

The Properties are leased to tenants under operating leases with various expiration dates through 2033.  Substantially all of the leases provide for annual base rents plus recoveries and escalation charges based upon the tenant's proportionate share of and/or increases in real estate taxes and certain operating costs, as defined, and the pass-through of charges for electrical usage.

Future minimum rentals to be received under non-cancelable operating leases at June 30, 2011 are as follows (dollars in thousands):

Year
Amount
July 1 through December 31, 2011
$296,893
2012
565,575
2013
493,813
2014
428,475
2015
358,208
2016 and thereafter
1,372,781
   
Total
$3,515,745