Quarterly report pursuant to Section 13 or 15(d)

Tenant Leases

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Tenant Leases
 3 Months Ended
Mar. 31, 2012
Tenant Leases [Abstract]  
Tenant Leases
12.      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 March 31, 2012 are as follows (dollars in thousands):

Year
Amount
April 1 through December 31, 2012
$432,341
2013
524,171
2014
463,797
2015
394,113
2016
343,592
2017 and thereafter
1,299,559
   
Total
$3,457,573