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Revenues (Tables) | 6 Months Ended
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Jun. 30, 2019
Revenue from Contract with Customer [Abstract] |
Disaggregation of revenue | The following table presents the Company’s revenues disaggregated by revenue source ($ in thousands):
| Three Months Ended June 30, |  | Six Months Ended June 30,
| 2019 |  | 2018 |  | 2019 |  | 2018
Rental income (1) | $ | 353,167 |  |  | $ | 340,481 |  |  | $ | 700,972 |  |  | $ | 679,496 |
Other property (1) | 6,208 |  |  | 6,045 |  |  | 12,291 |  |  | 11,977 |
Management and other fees from affiliates | 2,260 |  |  | 2,197 |  |  | 4,595 |  |  | 4,505 |
Total revenues | $ | 361,635 |  |  | $ | 348,723 |  |  | $ | 717,858 |  |  | $ | 695,978 |
(1) On January 1, 2019, the Company adopted ASU No. 2016-02 “Leases.” As a result of this adoption certain amounts previously classified as other property revenue have been reclassified to rental income. Prior period amounts have been adjusted to conform to the current period’s presentation. The following table presents the Company’s rental and other property-related revenues disaggregated by geographic operating segment ($ in thousands):
| Three Months Ended June 30, |  | Six Months Ended June 30,
| 2019 |  | 2018 |  | 2019 |  | 2018
Southern California | $ | 151,966 |  |  | $ | 147,249 |  |  | 302,990 |  |  | 293,807 |
Northern California | 140,095 |  |  | 129,590 |  |  | 276,420 |  |  | 258,212 |
Seattle Metro | 60,841 |  |  | 58,796 |  |  | 121,081 |  |  | 117,509 |
Other real estate assets (1) | 6,473 |  |  | 10,891 |  |  | 12,772 |  |  | 21,945 |
Total rental and other property revenues | $ | 359,375 |  |  | $ | 346,526 |  |  | $ | 713,263 |  |  | $ | 691,473 |
(1) Other real estate assets consists of revenues generated from retail space, commercial properties, held for sale properties, and disposition properties. Executive management does not evaluate such operating performance geographically. The following table presents the Company’s rental and other property-related revenues disaggregated by current property category status ($ in thousands):
| Three Months Ended June 30, |  | Six Months Ended June 30,
| 2019 |  | 2018 |  | 2019 |  | 2018
Same-property (1) | $ | 340,042 |  |  | $ | 328,602 |  |  | $ | 677,394 |  |  | $ | 655,869 |
Acquisitions (2) | 4,836 |  |  | — |  |  | 7,107 |  |  | — |
Development (3) | 1,192 |  |  | 450 |  |  | 2,325 |  |  | 469 |
Redevelopment | 5,223 |  |  | 5,036 |  |  | 10,435 |  |  | 10,060 |
Non-residential/other, net (4) | 8,082 |  |  | 12,438 |  |  | 16,002 |  |  | 25,075 |
Total rental and other property revenues | $ | 359,375 |  |  | $ | 346,526 |  |  | $ | 713,263 |  |  | $ | 691,473 |
(1) Properties that have stabilized operations as of January 1, 2018 and are consolidated by the Company for the three and six months ended June 30, 2019 and 2018. A community is generally considered to have reached stabilized operations once it achieves an initial occupancy of 95%. (2) Acquisitions includes properties acquired which did not have comparable stabilized results as of January 1, 2018. (3) Development includes properties developed which did not have stabilized results as of January 1, 2018. (4) Non-residential/other, net consists of revenues generated from retail space, commercial properties, held for sale properties, disposition properties and student housing.

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- Definition Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=118956577&loc=SL49130545-203045 + Details
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- References No definition available. + Details
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