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Revenues (Tables)
12 Months Ended
Dec. 31, 2019
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)

2019

 

 

2018

 

 

2017

 

 

Rental revenue

$

734,477

 

(1)

$

727,295

 

 

$

683,490

 

 

Fee and other income:

 

 

 

 

 

 

 

 

 

 

 

 

Fee income:

 

 

 

 

 

 

 

 

 

 

 

 

Property management

 

6,852

 

 

 

6,163

 

 

 

6,336

 

 

Asset management

 

10,442

 

 

 

7,912

 

 

 

8,581

 

 

Acquisition, disposition and leasing

 

3,435

 

 

 

3,160

 

 

 

7,770

 

 

Other

 

2,015

 

 

 

1,394

 

 

 

1,525

 

 

Total fee income

 

22,744

 

 

 

18,629

 

 

 

24,212

 

 

Other income (2)

 

11,959

 

 

 

13,037

 

 

 

11,265

 

 

Total fee and other income

 

34,703

 

 

 

31,666

 

 

 

35,477

 

 

Total revenues

$

769,180

 

 

$

758,961

 

 

$

718,967

 

 

 

 

(1)

Includes $70,404 for the year ended December 31, 2019 of variable rental revenue, primarily related to tenant reimbursements.

 

 

(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 undiscounted cash flows under non-cancelable operating leases in effect as of December 31, 2019, for each of the five succeeding years commencing January 1, 2020.

 

(Amounts in thousands)

 

 

 

 

2020

 

$

621,503

 

2021

 

 

621,299

 

2022

 

 

597,394

 

2023

 

 

570,770

 

2024

 

 

539,443

 

Thereafter

 

 

2,776,987

 

Total

 

$

5,727,396

 

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, 2018

 

$

2,075

 

 

$

567

 

 

$

954

 

 

$

490

 

 

$

64

 

Balance as of December 31, 2019

 

 

2,413

 

 

 

752

 

 

 

1,653

 

 

 

-

 

 

 

8

 

Increase (decrease)

 

$

338

 

 

$

185

 

 

$

699

 

 

$

(490

)

 

$

(56

)