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Fee and Other Income
 6 Months Ended
Jun. 30, 2016
Fee And Other Income [Abstract]  
Fee and Other Income

13.

Fee and Other Income

 

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

 

 

 

 

 

 

 

For the Three Months Ended June 30,

 

 

For the Six Months Ended June 30,

 

(Amounts in thousands)

2016

 

 

2015

 

 

2016

 

 

2015

 

Fee income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Property management

$

1,539

 

 

$

1,386

 

 

$

3,060

 

 

$

2,715

 

Asset management (1)

 

1,783

 

 

 

-

 

 

 

3,497

 

 

 

-

 

Acquisition and leasing

 

629

 

 

 

253

 

 

 

629

 

 

 

269

 

Other

 

224

 

 

 

141

 

 

 

406

 

 

 

331

 

Total fee income

 

4,175

 

 

 

1,780

 

 

 

7,592

 

 

 

3,315

 

Lease termination income

 

93

 

 

 

247

 

 

 

11,048

 

(2)

 

638

 

Other income (3)

 

2,520

 

 

 

2,921

 

 

 

9,025

 

 

 

5,490

 

Total fee and other income

$

6,788

 

 

$

4,948

 

 

$

27,665

 

 

$

9,443

 

 

 

 

(1)

As a result of deconsolidating our real estate funds that were accounted for at fair value, on January 1, 2016, asset management fees are now included in fee income as opposed to a reduction of income attributable to noncontrolling interests in consolidated real estate funds in the prior periods. See Note 3, Real Estate Fund Investments.

 

(2)

Includes $10,861 of cash income from the termination of a lease with a tenant at 1633 Broadway.

 

 

(3)

Primarily comprised of income from tenant requested work including overtime heating and cooling.