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Note 10 - Revenues
12 Months Ended
Dec. 31, 2019
Revenue From Contract With Customer [Abstract]  
Revenues

Note 10 – Revenues

Disaggregated Revenue

The following tables represents a disaggregation of revenues from contracts with customers for the years ended December 31, 2019 and 2018 by type of service (dollars in thousands):

 

 

 

 

 

Year Ended December 31,

 

 

 

Topic 606

Revenue Recognition

 

2019

 

 

2018

 

Topic 606 Revenues

 

 

 

 

 

 

 

 

 

 

Leasing commissions

 

Point in time

 

$

4,466

 

 

$

3,139

 

Property and asset management fees

 

Over time

 

 

1,602

 

 

 

1,534

 

Engineering services

 

Over time

 

 

513

 

 

 

453

 

Guaranty fees

 

Over time

 

 

30

 

 

 

31

 

Development fees

 

Over time

 

 

225

 

 

 

101

 

Sales commissions

 

Point in time

 

 

-

 

 

 

337

 

Equity fees

 

Point in time

 

 

117

 

 

 

166

 

Acquisition and disposition fees

 

Point in time

 

 

-

 

 

 

81

 

Topic 606 Revenue

 

 

 

 

6,953

 

 

 

5,842

 

Out of Scope of Topic 606 revenue

 

 

 

 

 

 

 

 

 

 

Rental Income

 

 

 

 

242

 

 

 

-

 

Sublease income

 

 

 

 

47

 

 

 

93

 

Total Out of Scope of Topic 606 revenue

 

 

 

 

289

 

 

 

93

 

Total Revenue

 

 

 

$

7,242

 

 

$

5,935

 

 

Leasing Operations

Minimum cash rental payments due to the Company in future periods under executed non-cancelable operating leases in place for the Company’s properties as of December 31, 2019 are as follows (dollars in thousands):

 

 

For the year ending December 31:

 

 

 

 

2020

 

$

11,280

 

2021

 

 

11,192

 

2022

 

 

10,887

 

2023

 

 

10,062

 

2024

 

 

8,120

 

Thereafter

 

 

24,377

 

Total

 

$

75,918