Quarterly report pursuant to Section 13 or 15(d)

Commitments and Contingencies (Tables)

v3.10.0.1
Commitments and Contingencies (Tables)
6 Months Ended
Jun. 30, 2018
Commitments and Contingencies Disclosure [Abstract]  
Ground Lease Obligations
Future minimum lease payments due under the terms of these leases as of June 30, 2018, are as follows (dollars in thousands):
Period
 
Estimated Minimum
Lease Payments Due(1)
For the remaining six months ending December 31:
2018
 
$
24

For the fiscal years ending December 31:
2019
 
47

 
2020
 
47

 
2021
 
47

 
2022
 
30

 
2023
 
30

 
Thereafter
 
30

 
 
 
$
255

(1) 
Annual lease payments are set at the beginning of each year to then-current market rates (as determined by the State of Arizona). The amounts shown above represent estimated amounts based on the lease rates currently in place.