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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
6 Months Ended
Jun. 30, 2018
Revenue From Contract With Customer [Abstract]  
Summary of Revenue from Contracts with Customers Disaggregated by Type of Revenue

Certain components of property income and fee and other income fall within the scope of FASB ASC Topic 606, “Revenue from Contracts with Customers”. This topic requires entities to disaggregate revenue into categories that depict how the nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factors. In the following table, revenue from contracts with customers is disaggregated by type of revenue.

 

 

 

For the Three Months Ended June 30,

 

 

For the Six Months Ended June 30,

 

Revenue from Contracts with customers

 

2018

 

 

2017

 

 

2018

 

 

2017

 

Property Management Fee income

 

$

727

 

 

$

738

 

 

$

1,493

 

 

$

1,601

 

Parking

 

 

231

 

 

 

492

 

 

 

433

 

 

 

967

 

Leasing Commission income

 

 

344

 

 

 

522

 

 

 

664

 

 

 

1,168

 

Other miscellaneous

 

 

229

 

 

 

667

 

 

 

477

 

 

 

1,190

 

Total

 

$

1,531

 

 

$

2,419

 

 

$

3,068

 

 

$

4,925

 

 

There have been no changes in the measurement of revenue from contracts with customers resulting from the adoption of ASC 606.