Quarterly report pursuant to Section 13 or 15(d)

Tenant Leases

v2.4.0.8
Tenant Leases
 6 Months Ended
Jun. 30, 2013
Tenant Leases [Abstract]  
Tenant Leases

14.   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, 2013 are as follows (dollars in thousands):

 

 

 

 

 

 

 

Year

 

Amount

July 1 through December 31, 2013

$
277,159 

2014

 
517,432 

2015

 
458,716 

2016

 
409,543 

2017

 
353,316 

2018 and thereafter

 
1,289,049 

 

 

 

Total

$
3,305,215