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Revenues (Tables)
12 Months Ended
Dec. 31, 2018
Disaggregation Of Revenue [Abstract]  
Summary of Revenues The following table sets forth the details of our revenues.

 

 

For the Year Ended December 31,

 

 

(Amounts in thousands)

2018

 

 

2017

 

 

2016

 

 

Rental income

$

667,360

 

 

$

628,883

 

 

$

590,161

 

 

Tenant reimbursement income

 

56,950

 

 

 

52,418

 

 

 

44,943

 

 

Fee and other income:

 

 

 

 

 

 

 

 

 

 

 

 

Fee income:

 

 

 

 

 

 

 

 

 

 

 

 

Property management

 

6,163

 

 

 

6,336

 

 

 

5,948

 

 

Asset management

 

7,912

 

 

 

8,581

 

 

 

7,754

 

 

Acquisition, disposition and leasing

 

3,160

 

 

 

7,770

 

 

 

2,026

 

 

Other

 

1,394

 

 

 

1,525

 

 

 

1,203

 

 

Total fee income

 

18,629

 

 

 

24,212

 

 

 

16,931

 

 

Lease termination income

 

2,985

 

 

 

2,189

 

 

 

17,010

 

(1)

Other income (2)

 

13,037

 

 

 

11,265

 

 

 

14,296

 

 

Total fee and other income

 

34,651

 

 

 

37,666

 

 

 

48,237

 

 

Total revenues

$

758,961

 

 

$

718,967

 

 

$

683,341

 

 

 

 

(1)

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

 

 

(2)

Primarily comprised of (i) tenant requested services, including overtime heating and cooling and (ii) parking income.

 

Schedule of Future Minimum Cash Rents Under Non-Cancelable Operating Leases

The following table is a schedule of future minimum cash rents under non-cancelable operating leases as of December 31, 2018, for each of the five succeeding years commencing January 1, 2019.

 

 

(Amounts in thousands)

 

 

 

 

2019

 

$

611,301

 

2020

 

 

606,339

 

2021

 

 

553,330

 

2022

 

 

519,559

 

2023

 

 

473,206

 

Thereafter

 

 

2,790,256

 

Total

 

$

5,553,991

 

Summary of Amount Receivable from Customers under Various Fee Agreement

The following table sets forth the amounts receivable from our customers under our various fee agreements and are included as a component of “accounts and other receivables” on our consolidated balance sheets.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Acquisition,

 

 

 

 

 

 

 

 

 

 

Property

 

Asset

 

Disposition

 

 

 

 

(Amounts in thousands)

Total

 

Management

 

Management

 

and Leasing

 

Other

Accounts and other receivables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance as of December 31, 2017

 

$

1,558

 

 

$

290

 

 

$

762

 

 

$

490

 

 

$

16

 

Balance as of December 31, 2018

 

 

2,075

 

 

 

567

 

 

 

954

 

 

 

490

 

 

 

64

 

Increase

 

$

517

 

 

$

277

 

 

$

192

 

 

$

-

 

 

$

48