Related Parties (Tables)

12 Months Ended

Dec. 31, 2019

Related Party Transactions [Abstract]

Schedule Of Related Party Expenses

The Company’s Chief Executive Officer, its Executive Chairman, and its former Vice Chairman are directors of Tower Properties Company (Tower) and, together with members of their immediate families, beneficially own approximately 67% of the outstanding stock of Tower. At December 31, 2019, Tower owned 211,996 shares of Company stock. Tower is primarily engaged in the business of owning, developing, leasing and managing real property.

Payments from the Company and its affiliates to Tower are summarized below. These payments, with the exception of dividend payments, relate to property management services, including construction oversight, on three Company-owned office buildings and related parking garages in downtown Kansas City.

(In thousands)	2019		2018		2017
Leasing agent fees	$	154	$	133	$	32
Operation of parking garages	118		95		82
Building management fees	2,001		1,935		1,954
Property construction management fees	250		136		146
Dividends paid on Company stock held by Tower	210		181		232
Total	$	2,733	$	2,480	$	2,446