Revenue Recognition (Tables)

3 Months Ended

Mar. 31, 2020

Revenue from Contract with Customer [Abstract]

Summary of Revenue Sources by Segment

Below is a summary of our revenues by segment. Additional financial information related to these reportable segments for the three months ended March 31, 2020 and 2019 is set forth in Note 21 - Segment Information.

(Amounts in thousands)	For the Three Months Ended March 31, 2020
	Total		New York		Other
Property rentals	$	371,174	$	298,612	$	72,562
Hotel Pennsylvania	8,741		8,741		—
Trade shows	11,303		—		11,303
Lease revenues(1)	391,218		307,353		83,865
Tenant services	10,056		7,380		2,676
Rental revenues	401,274		314,733		86,541
BMS cleaning fees	32,466		34,429		(1,963		)	(2)
Management and leasing fees	2,867		2,874		(7		)
Other income	7,925		3,579		4,346
Fee and other income	43,258		40,882		2,376
Total revenues	$	444,532	$	355,615	$	88,917

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See notes below.

(Amounts in thousands)	For the Three Months Ended March 31, 2019
	Total		New York		Other
Property rentals	$	457,741	$	385,803	$	71,938
Hotel Pennsylvania	12,609		12,609		—
Trade shows	16,956		—		16,956
Lease revenues(1)	487,306		398,412		88,894
Tenant services	12,571		9,225		3,346
Rental revenues	499,877		407,637		92,240
BMS cleaning fees	29,785		31,757		(1,972		)	(2)
Management and leasing fees	2,237		2,251		(14		)
Other income	2,769		1,640		1,129
Fee and other income	34,791		35,648		(857		)
Total revenues	$	534,668	$	443,285	$	91,383

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(1) The components of lease revenues were as follows:

	For the Three Months Ended March 31,
	2020		2019
Fixed lease revenues	$	337,046	$	414,877
Variable lease revenues	54,172		72,429
Lease revenues	$	391,218	$	487,306

(2)

Represents the elimination of theMART and 555 California Street BMS cleaning fees which are included as income in the New York segment.

Components of Fixed and Variable Lease Revenues

The components of lease revenues were as follows:

	For the Three Months Ended March 31,
	2020		2019
Fixed lease revenues	$	337,046	$	414,877
Variable lease revenues	54,172		72,429
Lease revenues	$	391,218	$	487,306