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Revenues (Tables)
3 Months Ended
Mar. 31, 2022
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 March 31,
 20222021
Rental income$373,425 $347,305 
Other property5,791 5,571 
Management and other fees from affiliates2,689 2,249 
Total revenues$381,905 $355,125 

The following table presents the Company’s rental and other property revenues disaggregated by geographic operating segment ($ in thousands):
 Three Months Ended March 31,
 20222021
Southern California$156,969 $141,969 
Northern California152,590 146,690 
Seattle Metro64,203 58,633 
Other real estate assets (1)
5,454 5,584 
Total rental and other property revenues$379,216 $352,876 

(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. Executive management does not evaluate such operating performance geographically.

The following table presents the Company’s rental and other property revenues disaggregated by current property category status ($ in thousands):
 Three Months Ended March 31,
 20222021
Same-property (1)
$356,273 $334,437 
Acquisitions (2)
1,747 — 
Development (3)
9,427 6,930 
Redevelopment1,435 1,632 
Non-residential/other, net (4)
12,918 13,246 
Straight line rent concession (5)
(2,584)(3,369)
Total rental and other property revenues$379,216 $352,876 

(1) Properties that have comparable stabilized results as of January 1, 2021 and are consolidated by the Company for the three months ended March 31, 2022 and 2021. A community is generally considered to have reached stabilized operations once it achieves an initial occupancy of 90%.
(2) Acquisitions include properties acquired which did not have comparable stabilized results as of January 1, 2021.
(3) Development includes properties developed which did not have stabilized results as of January 1, 2021.
(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 two communities located in the California counties of Santa Barbara and Santa Cruz, which the Company does not consider its core markets.
(5) Same-property revenues reflect concessions on a cash basis. Total rental and other property revenues reflect concessions on a straight-line basis in accordance with U.S. GAAP.