Revenue Recognition (Tables)

9 Months Ended

Sep. 30, 2022

Revenue from Contract with Customer [Abstract]

Below is a summary of our revenues by segment. Additional financial information related to these reportable segments for the three and nine months ended September 30, 2022 and 2021 is set forth in Note 20 - Segment Information.


(Amounts in thousands)	For the Three Months Ended September 30, 2022							For the Three Months Ended September 30, 2021
	Total		New York		Other			Total		New York		Other
Property rentals	$	371,754	$	303,574	$	68,180		$	345,235	$	273,197	$	72,038

Trade shows(1)	18,654		—		18,654			12,605		—		12,605
Lease revenues(2)	390,408		303,574		86,834			357,840		273,197		84,643
Tenant services	14,134		9,937		4,197			11,363		7,565		3,798
Parking revenues	4,602		3,820		782			—		—		—
Rental revenues	409,144		317,331		91,813			369,203		280,762		88,441
BMS cleaning fees	35,062		37,371		(2,309)		(3)	30,827		32,630		(1,803)		(3)
Management and leasing fees	2,532		2,595		(63)			2,509		2,680		(171)
Other income	10,693		2,736		7,957			6,673		571		6,102
Fee and other income	48,287		42,702		5,585			40,009		35,881		4,128
Total revenues	$	457,431	$	360,033	$	97,398		$	409,212	$	316,643	$	92,569

____________________

See notes below.


(Amounts in thousands)	For the Nine Months Ended September 30, 2022							For the Nine Months Ended September 30, 2021
	Total		New York		Other			Total		New York		Other
Property rentals	$	1,132,690	$	921,179	$	211,511		$	1,008,237	$	795,841	$	212,396

Trade shows(1)	29,640		—		29,640			12,605		—		12,605
Lease revenues(2)	1,162,330		921,179		241,151			1,020,842		795,841		225,001
Tenant services	35,484		25,481		10,003			27,274		18,502		8,772
Parking revenues	13,807		11,556		2,251			—		—		—
Rental revenues	1,211,621		958,216		253,405			1,048,116		814,343		233,773
BMS cleaning fees	101,752		108,288		(6,536)		(3)	87,387		92,178		(4,791)		(3)
Management and leasing fees	8,167		8,573		(406)			10,951		11,290		(339)
Other income	31,515		7,666		23,849			21,676		3,947		17,729
Fee and other income	141,434		124,527		16,907			120,014		107,415		12,599
Total revenues	$	1,353,055	$	1,082,743	$	270,312		$	1,168,130	$	921,758	$	246,372

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(1)We cancelled trade shows at theMART beginning late March of 2020 due to the COVID-19 pandemic and resumed in the third quarter of 2021.

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


	For the Three Months Ended September 30,				For the Nine Months Ended September 30,
	2022		2021		2022		2021
Fixed billings	$	353,040	$	329,499	$	1,025,182	$	945,322
Variable billings	28,919		29,008		93,118		90,780
Total contractual operating lease billings	381,959		358,507		1,118,300		1,036,102
Adjustment for straight-line rents and amortization of acquired below-market leases and other, net	8,730		1,313		44,812		(8,041)
Less: write-off of straight-line rent and tenant receivables deemed uncollectible	(281)		(1,980)		(782)		(7,219)
Lease revenues	$	390,408	$	357,840	$	1,162,330	$	1,020,842

(3)Represents the elimination of Building Maintenance Services LLC ("BMS") cleaning fees related to theMART and 555 California Street 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 September 30,				For the Nine Months Ended September 30,
	2022		2021		2022		2021
Fixed billings	$	353,040	$	329,499	$	1,025,182	$	945,322
Variable billings	28,919		29,008		93,118		90,780
Total contractual operating lease billings	381,959		358,507		1,118,300		1,036,102
Adjustment for straight-line rents and amortization of acquired below-market leases and other, net	8,730		1,313		44,812		(8,041)
Less: write-off of straight-line rent and tenant receivables deemed uncollectible	(281)		(1,980)		(782)		(7,219)
Lease revenues	$	390,408	$	357,840	$	1,162,330	$	1,020,842