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Fee and Other Income
12 Months Ended
Dec. 31, 2023
Revenues [Abstract]  
Fee and Other Income

15. Fee and Other Income

 

The following table sets forth the details of our fee and other income.

 

 

For the Year Ended December 31,

 

(Amounts in thousands)

2023

 

 

2022

 

 

2021

 

Fee income:

 

 

 

 

 

 

 

 

Asset management

$

11,075

 

 

$

12,270

 

 

$

13,284

 

Property management

 

7,278

 

 

 

7,981

 

 

 

8,589

 

Acquisition, disposition, leasing and other

 

3,244

 

 

 

8,170

 

 

 

6,600

 

Total fee income

 

21,597

 

 

 

28,421

 

 

 

28,473

 

Other income (1)

 

9,721

 

 

 

9,137

 

 

 

7,895

 

Total fee and other income

$

31,318

 

 

$

37,558

 

 

$

36,368

 

 

 

(1)
Primarily comprised of (i) tenant requested services, including cleaning, overtime heating and cooling and (ii) parking income.

 

The following table sets forth the amounts receivable from our customers under our various fee agreements and are included as a component of “accounts and other receivables” on our consolidated balance sheets.

 

 

 

 

 

 

 

 

 

 

 

 

Acquisition,

 

 

 

 

 

 

Asset

 

 

Property

 

 

Disposition, Leasing

 

(Amounts in thousands)

Total

 

 

Management

 

 

Management

 

 

and Other

 

Accounts and other receivables:

 

 

 

 

 

 

 

 

 

 

 

Balance as of December 31, 2022

 

$

2,611

 

 

$

2,138

 

 

$

338

 

 

$

135

 

Balance as of December 31, 2023

 

 

2,554

 

 

 

1,850

 

 

 

586

 

 

 

118

 

(Decrease) increase

 

$

(57

)

 

$

(288

)

 

$

248

 

 

$

(17

)