v3.22.4
LEASES (Tables)
 12 Months Ended
Dec. 31, 2022
Leases [Abstract]  
Schedule of Operating Lease Expenses
The components of operating lease expense are as follows:
Year Ended December 31,
202220212020
Rent - cost of services(1)
$153,049 $139,371 $129,926 
General and administrative expense125 87 64 
Depreciation and amortization(2)
1,160 1,158 1,223 
Variable lease costs(3)
16,938 14,077 12,774 
$171,272 $154,693 $143,987 
(1)Rent- cost of services includes deferred rent expense adjustments of $493, $485 and $451 for the years ended December 31, 2022, 2021 and 2020, respectively. Additionally, rent- cost of services includes other variable lease costs such as consumer price index increases and short-term leases of $5,878, $3,702, $2,394 for the years ended December 31, 2022, 2021, and 2020 respectively.
(2)Depreciation and amortization is related to the amortization of favorable and direct lease costs.
(3)Variable lease costs, including property taxes and insurance, are classified in cost of services in the Company's consolidated statements of income.
Schedule of Future Minimum Lease Payments
Future minimum lease payments for all leases as of December 31, 2022 are as follows:
YearAmount
2023$157,963 
2024157,630 
2025157,455 
2026157,380 
2027156,860 
Thereafter1,456,411 
TOTAL LEASE PAYMENTS2,243,699 
Less: present value adjustment (822,790)
PRESENT VALUE OF TOTAL LEASE LIABILITIES1,420,909 
Less: current lease liabilities(65,796)
LONG-TERM OPERATING LEASE LIABILITIES$1,355,113 
Schedule of Rental Income from Third-Party Sources
Total rental income from all third-party sources for the years ended December 31, 2022, 2021, and 2020 is as follows:

Year Ended December 31,
202220212020
Pennant(1)
$14,915 $14,073 $13,163 
Other third-party1,842 1,912 1,994 
$16,757 $15,985 $15,157 
(1) Pennant rental income includes variable rent such as property taxes of $1,318, $1,199, and $1,224 during the year ended December 31, 2022, 2021, and 2020.
Schedule of Annual Rental Income
Future annual rental income for all leases as of December 31, 2022 were as follows:
Year
Amount(1)
2023$16,408 
202415,826 
202515,391 
202615,166 
202715,166 
Thereafter79,171 
TOTAL$157,128 
(1) Annual rental income includes base rents and variable rental income pursuant to existing leases as of December 31, 2022.