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Fee and Other Income
 12 Months Ended
Dec. 31, 2017
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.

 

 

For the Year Ended December 31,

 

(Amounts in thousands)

2017

 

 

2016

 

 

2015

 

Fee income

 

 

 

 

 

 

 

 

 

 

 

Property management

$

6,336

 

 

$

5,948

 

 

$

5,763

 

Asset management (1)

 

8,581

 

 

 

7,754

 

 

 

-

 

Acquisition and disposition

 

7,770

 

 

 

2,026

 

 

 

1,760

 

Other

 

1,525

 

 

 

1,203

 

 

 

2,725

 

Total fee income

 

24,212

 

 

 

16,931

 

 

 

10,248

 

Lease termination income

 

2,189

 

 

 

17,010

 

(2)

 

871

 

Other income (3)

 

11,265

 

 

 

14,296

 

 

 

13,874

 

Total fee and other income

$

37,666

 

 

$

48,237

 

 

$

24,993

 

 

 

(1)

As a result of deconsolidating our real estate funds that were accounted for at fair value, starting 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 6, Real Estate Fund Investments.

 

 

(2)

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.