REVENUE RECOGNITION (Tables)

6 Months Ended

Jun. 30, 2020

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 from continuing operations by segment, major good and/or service, and the related timing of revenue recognition for the three months ended June 30, 2020:

		Income Properties		Management Services		Commercial Loan Investments		Real Estate Operations		Total Revenues
		($000's)		($000's)		($000's)		($000's)		($000's)
Major Good / Service:
	Lease Revenue - Base Rent	$	9,271	$	—	$	—	$	—	$	9,271
	Lease Revenue - CAM		856		—		—		—		856
	Lease Revenue - Reimbursements		612		—		—		—		612
	Lease Revenue - Billboards		83		—		—		—		83
	Above / Below Market Lease Accretion		444		—		—		—		444
	Lease Incentive Amortization		43		—		—		—		43
	Management Services		—		695		—		—		695
	Commercial Loan Investments		—		—		835		—		835
	Subsurface Revenue - Other		—		—		—		1		6
	Interest and Other Revenue		164		—		—		5		164
	Total Revenues	$	11,473	$	695	$	835	$	6	$	13,009
Timing of Revenue Recognition:
	Asset/Good Transferred at a Point in Time	$	—	$	—	$	—	$	6	$	6
	Services Transferred Over Time		164		695		—		—		859
	Over Lease Term		11,309		—		—		—		11,309
	Commercial Loan Investment Related Revenue		—		—		835		—		835
	Total Revenues	$	11,473	$	695	$	835	$	6	$	13,009

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

		Income Properties		Commercial Loan Investments		Real Estate Operations		Total 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)
	Commercial Loan Investments		—		53		—		53
	Subsurface Lease Revenue		—		—		214		214
	Subsurface Revenue - Other		—		—		20		20
	Interest and Other Revenue		19		—		—		19
	Total Revenues	$	10,375	$	53	$	261	$	10,689
Timing of Revenue Recognition:
	Asset/Good Transferred at a Point in Time	$	—	$	—	$	20	$	20
	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	$	261	$	10,689

The following table summarizes the Company’s revenue from continuing operations by segment, major good and/or service, and the related timing of revenue recognition for the six months ended June 30, 2020:

		Income Properties ($000's)		Management Services ($000's)		Commercial Loan Investments ($000's)		Real Estate Operations ($000's)		Total Revenues ($000's)
Major Good / Service:
	Lease Revenue - Base Rent	$	18,021	$	—	$	—	$	—	$	18,021
	Lease Revenue - CAM		1,586		—		—		—		1,586
	Lease Revenue - Reimbursements		1,486		—		—		—		1,486
	Lease Revenue - Billboards		127		—		—		—		127
	Above / Below Market Lease Accretion		918		—		—		—		918
	Lease Incentive Amortization		87		—		—		—		87
	Management Services		—		1,398		—		—		1,398
	Commercial Loan Investments		—		—		1,887		—		1,887
	Mitigation Credit Sales		—		—		—		4		4
	Subsurface Revenue - Other		—		—		—		78		83
	Interest and Other Revenue		251		—		—		5		251
	Total Revenues	$	22,476	$	1,398	$	1,887	$	87	$	25,848
Timing of Revenue Recognition:
	Asset/Good Transferred at a Point in Time	$	—	$	—	$	—	$	87	$	87
	Services Transferred Over Time		251		1,398		—		—		1,649
	Over Lease Term		22,225		—		—		—		22,225
	Commercial Loan Investment Related Revenue		—		—		1,887		—		1,887
	Total Revenues	$	22,476	$	1,398	$	1,887	$	87	$	25,848

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

		Income Properties ($000's)		Commercial Loan Investments ($000's)		Real Estate Operations ($000's)		Total Revenues ($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)
	Commercial Loan Investments		—		53		—		53
	Subsurface Lease Revenue		—		—		413		413
	Subsurface Revenue - Other				—		29		29
	Interest and Other Revenue		49		—		—		49
	Total Revenues	$	21,099	$	53	$	496	$	21,648
Timing of Revenue Recognition:
	Asset/Good Transferred at a Point in Time	$	—	$	—	$	29	$	29
	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	$	496	$	21,648