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Revenue Recognition (Tables)
9 Months Ended
Sep. 30, 2018
Revenue from Contract with Customer [Abstract]  
Summary of Revenue Sources by Segment
Below is a summary of our revenues by segment. Base rent, operating expense reimbursements and lease terminations represent revenues from leases and are recognized in accordance with ASC Topic 840, Leases. Revenues from Hotel Pennsylvania, trade shows, tenant services, BMS cleaning fees, management and leasing fees and other income represent revenues recognized in accordance with ASC 606. Additional financial information related to these reportable segments for the three and nine months ended September 30, 2018 and 2017 is set forth in Note 23 - Segment Information.
(Amounts in thousands)
For the Three Months Ended September 30, 2018
 
For the Three Months Ended September 30, 2017
 
 
Total
 
New York
 
Other
 
Total
 
New York
 
Other
 
Base rent
$
403,029

 
$
339,939

 
$
63,090

 
$
398,734

 
$
339,717

 
$
59,017

 
Hotel Pennsylvania
26,088

 
26,088

 

 
25,421

 
25,421

 

 
Trade shows
8,443

 

 
8,443

 
7,907

 

 
7,907

 
Property rentals
437,560

 
366,027

 
71,533

 
432,062

 
365,138

 
66,924

 
Operating expense reimbursements
50,760

 
47,361

 
3,399

 
47,462

 
43,796

 
3,666

 
Tenant services
15,627

 
11,696

 
3,931

 
15,939

 
12,188

 
3,751

 
Tenant expense reimbursements
66,387

 
59,057

 
7,330

 
63,401

 
55,984

 
7,417

 
BMS cleaning fees
28,873

 
31,328

 
(2,455
)
(1) 
26,429

 
28,155

 
(1,726
)
(1) 
Management and leasing fees
4,734

 
4,439

 
295

 
2,330

 
2,101

 
229

 
Lease termination fees
356

 
58

 
298

 
991

 
984

 
7

 
Other income
4,138

 
1,537

 
2,601

 
3,542

 
1,247

 
2,295

 
Fee and other income
38,101

 
37,362

 
739

 
33,292

 
32,487

 
805

 
Total revenues
$
542,048

 
$
462,446

 
$
79,602

 
$
528,755

 
$
453,609

 
$
75,146

 


(Amounts in thousands)
For the Nine Months Ended September 30, 2018
 
For the Nine Months Ended September 30, 2017
 
 
Total
 
New York
 
Other
 
Total
 
New York
 
Other
 
Base rent
$
1,215,520

 
$
1,027,697

 
$
187,823

 
$
1,175,692

 
$
999,875

 
$
175,817

 
Hotel Pennsylvania
67,842

 
67,842

 

 
63,047

 
63,047

 

 
Trade shows
38,903

 

 
38,903

 
36,858

 

 
36,858

 
Property rentals
1,322,265

 
1,095,539

 
226,726

 
1,275,597

 
1,062,922

 
212,675

 
Operating expense reimbursements
143,412

 
132,443

 
10,969

 
132,828

 
122,247

 
10,581

 
Tenant services
41,597

 
31,854

 
9,743

 
41,263

 
32,817

 
8,446

 
Tenant expense reimbursements
185,009

 
164,297

 
20,712

 
174,091

 
155,064

 
19,027

 
BMS cleaning fees
88,095

 
94,888

 
(6,793
)
(1) 
75,925

 
80,895

 
(4,970
)
(1) 
Management and leasing fees
10,205

 
9,384

 
821

 
7,382

 
6,593

 
789

 
Lease termination fees
1,505

 
766

 
739

 
5,947

 
5,773

 
174

 
Other income
13,224

 
4,608

 
8,616

 
8,958

 
5,463

 
3,495

 
Fee and other income
113,029

 
109,646

 
3,383

 
98,212

 
98,724

 
(512
)
 
Total revenues
$
1,620,303

 
$
1,369,482

 
$
250,821

 
$
1,547,900

 
$
1,316,710

 
$
231,190

 
____________________
(1)
Represents the elimination of intercompany fees from the New York segment upon consolidation.