Washington Real Estate Investment Trust Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Rentals Under Operating Leases

Rentals Under Operating Leases

12 Months Ended

Dec. 31, 2012

Rentals Under Operating Leases [Abstract]

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

- Definition

The entire disclosure for operating leases of a lessor. This may include a general description of lessor's leasing arrangements for operating leases, including the basis on which contingent rental payments are determined, the existence and terms of renewal or purchase options and escalation clauses, restrictions imposed by lease arrangements, such as those concerning dividends, additional debt, and further leasing, rent holidays, rent concessions, or leasehold improvement incentives and unusual provisions or conditions.

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