Revenues (Tables)

9 Months Ended

Sep. 30, 2020

Revenue from Contract with Customer [Abstract]

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


	Three Months Ended September 30,				Nine Months Ended September 30,
	2020		2019		2020		2019
Rental income	$	362,073	$	358,001	$	1,108,658	$	1,058,973
Other property	6,391		6,503		17,705		18,794
Management and other fees from affiliates	2,347		2,428		7,312		7,023
Total revenues	$	370,811	$	366,932	$	1,133,675	$	1,084,790

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


	Three Months Ended September 30,				Nine Months Ended September 30,
	2020		2019		2020		2019
Southern California	$	140,271	$	151,841	$	438,087	$	453,873
Northern California	148,712		140,509		462,558		411,694
Seattle Metro	60,617		61,052		184,310		180,942
Other real estate assets (1)	18,864		11,102		41,408		31,258
Total rental and other property revenues	$	368,464	$	364,504	$	1,126,363	$	1,077,767

(1) Other real estate assets consist 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 September 30,				Nine Months Ended September 30,
	2020		2019		2020		2019
Same-property (1)	$	314,958	$	337,691	$	981,437	$	1,006,232
Acquisitions (2)	20,143		2,991		58,907		3,466
Development (3)	5,461		1,883		13,956		4,258
Redevelopment	4,277		5,272		14,774		15,741
Non-residential/other, net (4)	23,625		16,667		57,289		48,070
Total rental and other property revenues	$	368,464	$	364,504	$	1,126,363	$	1,077,767

(1) Properties that have comparable stabilized results as of January 1, 2019 and are consolidated by the Company for the three and nine months ended September 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