Fee and Other Income

3 Months Ended

Mar. 31, 2013

18. Fee and Other Income

The following table sets forth the details of fee and other income:

		For the Three Months
(Amounts in thousands)		Ended March 31,
		2013		2012
BMS cleaning fees		$	16,664	$	15,510
Signage revenue			6,481		4,590
Management and leasing fees			5,258		4,754
Lease termination fees⁽¹⁾			60,026		411
Other income			8,796		8,013
		$	97,225	$	33,278

(1)	On February 6, 2013, we received $124,000,000 pursuant to a settlement agreement with Stop & Shop, which terminates our right to receive $6,000,000 of additional annual rent under a 1992 agreement, for a period potentially through 2031. As a result of this settlement, we collected a $47,900,000 receivable and recognized $59,599,000 of income in the quarter ended March 31, 2013.

Management and leasing fees include management fees from Interstate Properties, a related party, of $202,000 and $199,000 for the three months ended March 31, 2013 and 2012, respectively. The above table excludes fee income from partially owned entities, which is typically included in “income from partially owned entities” (see Note 8 – Investments in Partially Owned Entities).