Revenue Recognition (Tables)

3 Months Ended

Mar. 31, 2022

Schedule of Fee and Other Income

Revenues earned by the Company related to all of the Company’s unconsolidated joint ventures are as follows (in millions):

	Three Months
	Ended March 31,
	2022		2021
Revenue from contracts:
Asset and property management fees	$	2.3	$	2.6
Development fees, leasing commissions and other		0.4		0.4
		2.7		3.0
Other		0.4		0.4
	$	3.1	$	3.4

Adoption of Topic 606 [Member]

Schedule of Fee and Other Income

Fee and Other Income on the consolidated statements of operations includes revenue from contracts with customers, revenue from contracts with Retail Value Inc. (“RVI”) and other property-related income and is recognized in the period earned as follows (in thousands):

	Three Months
	Ended March 31,
	2022		2021
Revenue from contracts with customers:
Asset and property management fees	$	2,309	$	2,601
Leasing commissions		270		239
Development fees		136		113
Total revenue from contracts with customers		2,715		2,953
Other property income		1,523		544
		4,238		3,497
Revenue from contracts with RVI:
Asset and property management fees		191		3,974
Leasing commissions		7		778
Total revenue from contracts with RVI		198		4,752
Total fee and other income	$	4,436	$	8,249