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Note 8 - Revenues (Tables)
6 Months Ended
Jun. 30, 2020
Revenue From Contract With Customer [Abstract]  
Summary of Disaggregation of Revenues

The following tables represents a disaggregation of revenues from contracts with customers for the three and six months ended June 30, 2020 and 2019 by type of service (dollars in thousands):

 

 

 

 

Three Months Ended June 30,

 

 

Six Months Ended June 30,

 

 

 

Topic 606

Revenue

Recognition

 

2020

 

 

2019

 

 

2020

 

 

2019

 

Topic 606 Revenues

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Leasing commissions

 

Point in time

 

$

224

 

 

$

986

 

 

$

815

 

 

$

1,969

 

Property and asset management fees

 

Over time

 

 

151

 

 

 

386

 

 

 

342

 

 

 

802

 

Development fees

 

Over time

 

 

88

 

 

 

89

 

 

 

181

 

 

 

119

 

Engineering services

 

Over time

 

 

65

 

 

 

141

 

 

 

141

 

 

 

265

 

Equity fees

 

Point in time

 

 

4

 

 

 

-

 

 

 

4

 

 

 

-

 

Guaranty fees

 

Over time

 

 

-

 

 

 

7

 

 

 

-

 

 

 

15

 

Sales commissions

 

Point in time

 

 

-

 

 

 

-

 

 

 

19

 

 

 

-

 

Topic 606 Revenue

 

 

 

 

532

 

 

 

1,609

 

 

 

1,502

 

 

 

3,170

 

Out of Scope of Topic 606 revenue

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Rental income

 

 

 

$

3,645

 

 

$

-

 

 

$

7,791

 

 

$

-

 

Sublease income

 

 

 

 

8

 

 

 

7

 

 

 

16

 

 

 

26

 

Total Out of Scope of Topic 606 revenue

 

 

 

 

3,653

 

 

 

7

 

 

 

7,807

 

 

 

26

 

Total Revenue

 

 

 

$

4,185

 

 

$

1,616

 

 

$

9,309

 

 

$

3,196

 

 

Summary of Minimum Cash Rental Payments Due in Future Periods Under Executed Non-cancelable Operating Leases

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 June 30, 2020 are as follows (dollars in thousands):

Remainder of 2020

 

$

5,748

 

2021

 

 

11,756

 

2022

 

 

11,509

 

2023

 

 

10,834

 

2024

 

 

8,879

 

2025

 

 

7,331

 

Thereafter

 

 

19,475

 

Total

 

$

75,532