Fee and Other Income

6 Months Ended

Jun. 30, 2013

17. Fee and Other Income

The following table sets forth the details of fee and other income:

		For the Three Months				For the Six Months
(Amounts in thousands)		Ended June 30,				Ended June 30,
		2013		2012		2013		2012
BMS cleaning fees		$	16,509	$	16,982	$	33,173	$	32,492
Signage revenue			8,347		4,879		14,828		9,469
Management and leasing fees			6,435		4,546		11,693		9,300
Lease termination fees⁽¹⁾			7,129		479		67,155		890
Other income			9,595		6,151		18,390		14,164
		$	48,015	$	33,037	$	145,239	$	66,315

(1)	On February 6, 2013, we received $124,000 pursuant to a settlement agreement with Stop & Shop, which terminates our right to receive $6,000 of additional annual rent under a 1992 agreement, for a period potentially through 2031. As a result of this settlement, we collected a $47,900 receivable and recognized $59,599 of income in the first quarter of 2013.

Management and leasing fees include management fees from Interstate Properties, a related party, of $131,000 and $192,000 for the three months ended June 30, 2013 and 2012, respectively, and $333,000 and $391,000 for the six months ended June 30, 2013 and 2012, respectively. The above table excludes fee income from partially owned entities, which is typically included in “income from partially owned entities” (see Note 7 – Investments in Partially Owned Entities).