Annual report pursuant to Section 13 and 15(d)

Rentals Under Operating Leases

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Rentals Under Operating Leases
12 Months Ended
Dec. 31, 2012
Rentals Under Operating Leases [Abstract]  
Rentals Under Operating Leases
RENTALS UNDER OPERATING LEASES
As of December 31, 2012, non-cancelable commercial operating leases provide for minimum rental income from continuing operations were as follows (in thousands):
2013
 
$
212,828

2014
 
179,735

2015
 
152,282

2016
 
124,434

2017
 
100,573

Thereafter
 
243,247

 
 
$
1,013,099


Apartment leases are not included as the terms are generally for one year. Most of these commercial leases increase in future years based on agreed-upon percentages or in some instances, changes in the Consumer Price Index. Percentage rents from retail centers, based on a percentage of tenants’ gross sales, for the three years ended December 31, 2012 were as follows (in thousands):
 
Year Ended December 31,
 
2012
 
2011
 
2010
Percentage rents
$
150

 
$
193

 
$
140


Real estate tax, operating expense and common area maintenance reimbursement income from continuing operations for the three years ended December 31, 2012 was as follows (in thousands):
 
Year Ended December 31,
 
2012
 
2011
 
2010
Reimbursement income
$
29,166

 
$
25,680

 
$
23,998