Revenue Recognition

12 Months Ended

Dec. 31, 2019

Revenue from Contract with Customer [Abstract]

Operating Leases

Minimum lease payments to be received under long-term operating leases and short-term specialty leases, excluding additional percentage rent based on tenants' sales volume and tenant reimbursements of certain operating expenses, and assuming no exercise of renewal options or early termination rights, are as follows:



For the year ending December 31,	As of December 31, 2019
2020	144,021
2021	133,294
2022	112,925
2023	98,685
2024	82,861
Thereafter	293,157
Total	$	864,943



For the year ending December 31,	As of December 31, 2018
2019	151,874
2020	139,290
2021	124,366
2022	103,204
2023	83,744
Thereafter	282,629
Total	$	885,107

The remaining lease terms range from one year to forty-one years.

The following table reflects the disaggregation of lease income, net:



	Year Ended December 31,
	2019			2018		2017
Minimum lease payments	$	156,896		$	170,379	$	182,043
Tax and insurance recoveries	32,347			33,177		31,966
Common area maintenance and other recoveries	23,363			24,817		25,226
Amortization of above and below-market leases and lease inducements, net	6,148			5,347		5,326
Short-term, termination fee and other lease income	3,311			2,840		1,681
Estimated credit losses	(1,412		)	—		—
Lease income, net	$	220,653		$	236,560	$	246,242

Other Fee Income

During the years ended December 31, 2019, 2018 and 2017, the Company earned other fee income of $3,856, $4,390, and $4,222, respectively, which are fees derived from services provided to IAGM Retail Fund I, LLC ("IAGM"), an unconsolidated retail joint venture partnership between the Company as 55% owner and PGGM Private Real Estate Fund ("PGGM"), as disclosed in "Note 6. Investment in Consolidated and Unconsolidated Entities", and therefore deemed to be related party transactions. The property management, asset management, leasing and other services are provided over the term of the contract which has a remaining original duration through 2023. The Company had receivables of $460, $778 and $515 as of December 31, 2019, 2018 and 2017, respectively, which are included in deferred costs and other assets, net on the consolidated balance sheets.

The following table reflects the disaggregation of other fee income:



	Year Ended December 31,
	2019		2018		2017
Property management fee	$	2,421	$	2,626	$	2,794
Asset management fee	1,074		1,080		1,213
Leasing commissions and other fees	361		684		215
Other fee income	$	3,856	$	4,390	$	4,222