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Revenue Recognition (Tables) - Adoption of Topic 606 [Member]
9 Months Ended
Sep. 30, 2018
Schedule of Revenue From Contracts With Customers Included in Fee and Other Income on Consolidated Statements of Operations

Revenue from contracts with customers is included in Fee and Other Income on the consolidated statements of operations and was composed of the following (in thousands):

 

Three Months

 

 

Nine Months

 

 

Ended September 30,

 

 

Ended September 30,

 

 

2018

 

 

2017

 

 

2018

 

 

2017

 

Revenue from contracts with customers:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Asset and property management fees

$

10,501

 

 

$

4,660

 

 

$

20,982

 

 

$

16,851

 

Leasing commissions

 

1,818

 

 

 

1,521

 

 

 

4,752

 

 

 

4,849

 

Development fees

 

393

 

 

 

318

 

 

 

1,021

 

 

 

1,351

 

Disposition fees

 

1,622

 

 

 

 

 

1,622

 

 

 

Credit facility guaranty fee

 

60

 

 

 

 

 

 

60

 

 

 

 

Total revenue from contracts with customers

 

14,394

 

 

 

6,499

 

 

 

28,437

 

 

 

23,051

 

Other fee income:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Ancillary and other property income

 

2,384

 

 

 

4,444

 

 

 

11,607

 

 

 

13,535

 

Lease termination fees

 

99

 

 

 

9,380

 

 

 

3,316

 

 

 

10,188

 

Other

 

724

 

 

 

792

 

 

 

1,987

 

 

 

2,466

 

Total fee and other income

$

17,601

 

 

$

21,115

 

 

$

45,347

 

 

$

49,240

 

 

Schedule of Significant Changes in Contract Asset Balances

Contract assets are included in Other Assets, net on the consolidated balance sheets.  The significant changes in the contract asset balances during the nine months ended September 30, 2018 are as follows (in thousands):

Balance as of January 1, 2018

$

1,371

 

Contract assets recognized

 

1,732

 

Contract assets billed

 

(1,738

)

Balance as of September 30, 2018

$

1,365