Revenues (Tables)

6 Months Ended

Jun. 30, 2020

Revenue from Contract with Customer [Abstract]

Disaggregation of revenue

The following table presents the Company’s revenues disaggregated by revenue source ($ in thousands):

	Three Months Ended June 30,				Six Months Ended June 30,
	2020		2019		2020		2019
Rental income	$	363,087	$	353,167	$	746,585	$	700,972
Other property	5,062		6,208		11,314		12,291
Management and other fees from affiliates	2,348		2,260		4,965		4,595
Total revenues	$	370,497	$	361,635	$	762,864	$	717,858

The following table presents the Company’s rental and other property revenues disaggregated by geographic operating segment ($ in thousands):

	Three Months Ended June 30,				Six Months Ended June 30,
	2020		2019		2020		2019
Southern California	$	143,983	$	152,415	$	299,625	$	303,878
Northern California	153,831		136,427		313,846		271,185
Seattle Metro	60,649		60,240		123,693		119,890
Other real estate assets (1)	9,686		10,293		20,735		18,310
Total rental and other property revenues	$	368,149	$	359,375	$	757,899	$	713,263

⁽¹⁾ Other real estate assets consists of revenues generated from retail space, commercial properties, held for sale properties, disposition properties and straight-line rent adjustments for concessions.

The following table presents the Company’s rental and other property revenues disaggregated by current property category status ($ in thousands):

	Three Months Ended June 30,				Six Months Ended June 30,
	2020		2019		2020		2019
Same-property (1)	$	323,651	$	336,492	$	668,287	$	670,387
Acquisitions (2)	19,885		475		38,764		475
Development (3)	4,420		1,217		8,495		2,375
Redevelopment	5,096		5,240		10,497		10,469
Non-residential/other, net (4)	15,097		15,951		31,856		29,557
Total rental and other property revenues	$	368,149	$	359,375	$	757,899	$	713,263

⁽¹⁾ Properties that have comparable stabilized results as of January 1, 2019 and are consolidated by the Company for the three and six months ended June 30, 2020 and 2019. A community is generally considered to have reached stabilized operations once it achieves an initial occupancy of 90%.

⁽²⁾ Acquisitions includes properties acquired which did not have comparable stabilized results as of January 1, 2019.

⁽³⁾ Development includes properties developed which did not have stabilized results as of January 1, 2019.

⁽⁴⁾ Non-residential/other, net consists of revenues generated from retail space, commercial properties, held for sale properties, disposition properties, student housing, properties undergoing significant construction activities that do not meet our redevelopment criteria, and three communities located in the California counties of Riverside, Santa Barbara, and Santa Cruz, which the Company does not consider its core markets and straight-line rent adjustments for concessions