REVENUE RECOGNITION (Tables)

6 Months Ended

Jun. 30, 2019

REVENUE RECOGNITION

Summary of revenue by segment, major good and/or service, and the related timing of revenue recognition

The following table summarizes the Company’s revenue by segment, major good and/or service, and the related timing of revenue recognition for the three months ended June 30, 2019:

				Interest Income
		Income		from Commercial		Real Estate		Total
		Properties		Loan Investments		Operations		Revenues
		($000's)		($000's)		($000's)		($000's)
Major Good / Service:
	Lease Revenue - Base Rent	$	8,640	$	—	$	27	$	8,667
	Lease Revenue - CAM		471		—		—		471
	Lease Revenue - Reimbursements		543		—		—		543
	Lease Revenue - Billboards		93		—		—		93
	Above / Below Market Lease Accretion		623		—		—		623
	Contributed Leased Assets Accretion		62		—		—		62
	Lease Incentive Amortization		(76)		—		—		(76)
	Interest from Commercial Loan Investments		—		53		—		53
	Land Sale Revenue		—		—		7,250		7,250
	Subsurface Lease Revenue		—		—		214		214
	Subsurface Revenue - Other		—		—		20		20
	Interest and Other Revenue		19		—		—		19
	Total Revenues	$	10,375	$	53	$	7,511	$	17,939
Timing of Revenue Recognition:
	Asset/Good Transferred at a Point in Time	$	—	$	—	$	7,270	$	7,270
	Services Transferred Over Time		19		—		—		19
	Over Lease Term		10,356		—		241		10,597
	Commercial Loan Investment Related Revenue		—		53		—		53
	Total Revenues	$	10,375	$	53	$	7,511	$	17,939

The following table summarizes the Company’s revenue by segment, major good and/or service, and the related timing of revenue recognition for the three months ended June 30, 2018:

				Interest Income
		Income		from Commercial		Real Estate		Total
		Properties		Loan Investments		Operations		Revenues
		($000's)		($000's)		($000's)		($000's)
Major Good / Service:
	Lease Revenue - Base Rent	$	7,365	$	—	$	11	$	7,376
	Lease Revenue - CAM		891		—		—		891
	Lease Revenue - Reimbursements		801		—		—		801
	Lease Revenue - Billboards		70		—		—		70
	Above / Below Market Lease Accretion		600		—		—		600
	Contributed Leased Assets Accretion		85		—		—		85
	Lease Incentive Amortization		(76)		—		—		(76)
	Interest from Commercial Loan Investments		—		274		—		274
	Land Sale Revenue		—		—		1,734		1,734
	Impact Fee and Mitigation Credit Sales		—		—		470		470
	Subsurface Lease Revenue		—		—		201		201
	Subsurface Revenue - Other		—		—		79		79
	Interest and Other Revenue		45		—		—		45
	Total Revenues	$	9,781	$	274	$	2,495	$	12,550
Timing of Revenue Recognition:
	Asset/Good Transferred at a Point in Time	$	—	$	—	$	2,283	$	2,283
	Services Transferred Over Time		45		—		—		45
	Over Lease Term		9,736		—		212		9,948
	Commercial Loan Investment Related Revenue		—		274		—		274
	Total Revenues	$	9,781	$	274	$	2,495	$	12,550

The following table summarizes the Company’s revenue by segment, major good and/or service, and the related timing of revenue recognition for the six months ended June 30, 2019:

				Interest Income
		Income		from Commercial		Real Estate		Total
		Properties		Loan Investments		Operations		Revenues
		($000's)		($000's)		($000's)		($000's)
Major Good / Service:
	Lease Revenue - Base Rent	$	17,515	$	—	$	54	$	17,569
	Lease Revenue - CAM		1,141		—		—		1,141
	Lease Revenue - Reimbursements		1,088		—		—		1,088
	Lease Revenue - Billboards		129		—		—		129
	Above / Below Market Lease Accretion		1,204		—		—		1,204
	Contributed Leased Assets Accretion		124		—		—		124
	Lease Incentive Amortization		(151)		—		—		(151)
	Interest from Commercial Loan Investments		—		53		—		53
	Land Sale Revenue		—		—		10,550		10,550
	Subsurface Lease Revenue		—		—		413		413
	Subsurface Revenue - Other		—		—		29		29
	Interest and Other Revenue		49		—		—		49
	Total Revenues	$	21,099	$	53	$	11,046	$	32,198
Timing of Revenue Recognition:
	Asset/Good Transferred at a Point in Time	$	—	$	—	$	10,579	$	10,579
	Services Transferred Over Time		49		—		—		49
	Over Lease Term		21,050		—		467		21,517
	Commercial Loan Investment Related Revenue		—		53		—		53
	Total Revenues	$	21,099	$	53	$	11,046	$	32,198

The following table summarizes the Company’s revenue by segment, major good and/or service, and the related timing of revenue recognition for the six months ended June 30, 2018:

				Interest Income
		Income		from Commercial		Real Estate		Total
		Properties		Loan Investments		Operations		Revenues
		($000's)		($000's)		($000's)		($000's)
Major Good / Service:
	Lease Revenue - Base Rent	$	14,787	$	—	$	22	$	14,809
	Lease Revenue - CAM		1,505		—		—		1,505
	Lease Revenue - Reimbursements		1,365		—		—		1,365
	Lease Revenue - Billboards		134		—		—		134
	Above / Below Market Lease Accretion		1,179		—		—		1,179
	Contributed Leased Assets Accretion		95		—		—		95
	Lease Incentive Amortization		(151)		—		—		(151)
	Interest from Commercial Loan Investments		—		575		—		575
	Land Sale Revenue		—		—		14,851		14,851
	Impact Fee and Mitigation Credit Sales		—		—		586		586
	Subsurface Lease Revenue		—		—		400		400
	Subsurface Revenue - Other		—		—		626		626
	Interest and Other Revenue		73		—		—		73
	Total Revenues	$	18,987	$	575	$	16,485	$	36,047
Timing of Revenue Recognition:
	Asset/Good Transferred at a Point in Time	$	—	$	—	$	16,063	$	16,063
	Services Transferred Over Time		73		—		—		73
	Over Lease Term		18,914		—		422		19,336
	Commercial Loan Investment Related Revenue		—		575		—		575
	Total Revenues	$	18,987	$	575	$	16,485	$	36,047