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Fee and Other Income (Tables)
12 Months Ended
Dec. 31, 2021
Disaggregation Of Revenue [Abstract]  
Summary of 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)

2021

 

 

2020

 

 

2019

 

Fee income:

 

 

 

 

 

 

 

 

 

 

 

Asset management

$

13,284

 

 

$

14,266

 

 

$

10,442

 

Property management

 

8,589

 

 

 

9,242

 

 

 

6,852

 

Acquisition, disposition, leasing and other

 

6,600

 

 

 

4,562

 

 

 

5,450

 

Total fee income

 

28,473

 

 

 

28,070

 

 

 

22,744

 

Other income (1)

 

7,895

 

 

 

7,152

 

 

 

11,502

 

Total fee and other income

$

36,368

 

 

$

35,222

 

 

$

34,246

 

 

 

(1)

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

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,

 

 

 

 

 

 

 

Asset

 

 

Property

 

 

Disposition, Leasing

 

(Amounts in thousands)

Total

 

 

Management

 

 

Management

 

 

and Other

 

Accounts and other receivables:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance as of December 31, 2020

 

$

5,179

 

 

$

1,949

 

 

$

793

 

 

$

2,437

 

Balance as of December 31, 2021

 

 

3,206

 

 

 

2,072

 

 

 

686

 

 

 

448

 

(Decrease) increase

 

$

(1,973

)

 

$

123

 

 

$

(107

)

 

$

(1,989

)