Annual report pursuant to Section 13 and 15(d)

Commitments and Contingencies (Tables)

v3.10.0.1
Commitments and Contingencies (Tables)
12 Months Ended
Dec. 31, 2018
Commitments and Contingencies Disclosure [Abstract]  
Schedule of payments for ground leases
he following properties are subject to ground leases which requires the Company to make a fixed annual rental payment and includes escalation clauses and renewal options as follows (in thousands):
 
For the Years Ended December 31,
 
Expiration Year
 
2018
 
2017
 
2016
 
 
Amscot
$
18

 
$
18

 
$
18

 
2045
Beaver Ruin Village
46

 
46

 
46

 
2054
Beaver Ruin Village II
19

 
19

 
18

 
2056
Leased office space Charleston, SC
100

 
100

 
92

 
2019
Moncks Corner
121

 
121

 
87

 
2040
Devine Street
250

 
251

 
180

 
2035
JANAF
258

 

 

 
2069
    Total Ground Leases
$
812

 
$
555

 
$
441

 
 
Future Minimum Lease Payments Due under Ground Lease
Future minimum lease payments due under the operating leases, including applicable automatic extension options, are as follows (in thousands):
 
 
For the Years Ended December 31,
2019
$
644

2020
583

2021
635

2022
638

2023
640

Thereafter
16,063

Total minimum lease payments
$
19,203