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Fee and Other Income
12 Months Ended
Dec. 31, 2015
Fee And Other Income [Abstract]  
Fee and Other Income

14.

Fee and Other Income

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

 

 

 

The Company

 

 

The Predecessor

 

 

 

 

 

 

 

Period from

 

 

Period from

 

 

 

 

 

 

 

Year Ended

 

 

November 24, 2014

 

 

January 1, 2014

 

 

Year Ended

 

(Amounts in thousands)

 

December 31, 2015

 

 

to December 31, 2014

 

 

to November 23, 2014

 

 

December 31, 2013

 

Fee income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Property management fees

 

$

5,763

 

 

$

587

 

 

$

15,599

 

 

$

15,641

 

Acquisition and disposition fees

 

 

1,985

 

 

 

510

 

 

 

25,038

 

 

 

2,785

 

Construction fees

 

 

216

 

 

 

58

 

 

 

5,718

 

 

 

6,937

 

Other fees

 

 

2,284

 

 

 

21

 

 

 

2,743

 

 

 

1,063

 

Total fee income (1)

 

 

10,248

 

 

 

1,176

 

 

 

49,098

 

 

 

26,426

 

Other income (2)

 

 

14,745

 

 

 

1,629

 

 

 

-

 

 

 

-

 

Total fee and other income

 

$

24,993

 

 

$

2,805

 

 

$

49,098

 

 

$

26,426

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(1)

Includes $2,308 and $222 of fee income for the year ended December 31, 2015 and for the period from November 24, 2014 to December 31, 2014, pursuant to management agreements with our joint venture partner at 712 Fifth Avenue.

 

 

(2)

Other income is primarily comprised of (i) tenant payments for items such as after hour heating and cooling, freight elevator services and similar expenses and (ii) lease termination income.