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Fee and Other Income
 9 Months Ended
Sep. 30, 2016
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.

 

 

 

 

 

 

 

For the Three Months Ended September 30,

 

 

For the Nine Months Ended September 30,

 

(Amounts in thousands)

2016

 

 

2015

 

 

2016

 

 

2015

 

Fee income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Property management

$

1,404

 

 

$

1,559

 

 

$

4,464

 

 

$

4,274

 

Asset management (1)

 

2,003

 

 

 

-

 

 

 

5,500

 

 

 

-

 

Acquisition and leasing

 

244

 

 

 

400

 

 

 

873

 

 

 

669

 

Other

 

325

 

 

 

126

 

 

 

731

 

 

 

457

 

Total fee income

 

3,976

 

 

 

2,085

 

 

 

11,568

 

 

 

5,400

 

Lease termination income

 

3,460

 

 

 

50

 

 

 

14,508

 

(2)

 

688

 

Other income (3)

 

2,885

 

 

 

4,716

 

 

 

11,910

 

 

 

10,206

 

Total fee and other income

$

10,321

 

 

$

6,851

 

 

$

37,986

 

 

$

16,294

 

 

 

 

(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 4, Real Estate Fund Investments.

 

(2)

The nine months ended September 30, 2016 includes $10,861 from the termination of a lease with a tenant at 1633 Broadway.

 

 

(3)

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