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Fee and Other Income
12 Months Ended
Dec. 31, 2016
Fee And Other Income [Abstract]  
Fee and Other Income

 

16.

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

 

 

For the Year Ended December 31,

 

 

November 24, 2014

 

 

January 1, 2014

 

(Amounts in thousands)

2016

 

 

2015

 

 

to December 31, 2014

 

 

to November 23, 2014

 

Fee income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Property management

$

5,948

 

 

$

5,763

 

 

$

587

 

 

$

15,599

 

Asset management (1)

 

7,754

 

 

 

-

 

 

 

-

 

 

 

-

 

Acquisition, leasing and disposition

 

2,226

 

 

 

3,916

 

 

 

510

 

 

 

27,038

 

Other

 

1,003

 

 

 

569

 

 

 

79

 

 

 

6,461

 

Total fee income

 

16,931

 

 

 

10,248

 

 

 

1,176

 

 

 

49,098

 

Lease termination income

 

17,010

 

(2)

 

871

 

 

 

465

 

 

 

-

 

Other income (3)

 

14,296

 

 

 

13,874

 

 

 

1,164

 

 

 

-

 

Total fee and other income

$

48,237

 

 

$

24,993

 

 

$

2,805

 

 

$

49,098

 

 

(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 5, Real Estate Fund Investments.

(2)

The year ended December 31, 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.