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Revenue Recognition and Related Party Revenue (Tables) | 9 Months Ended
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Sep. 30, 2019
Related Party Transactions [Abstract] |
Fees Earned By and Expenses Reimbursable from Managed Funds | Summarized below are amounts included in Fees and Management Income. The revenue includes the fees and reimbursements earned by us from the Managed Funds, and other revenues that are not in the scope of ASC 606 but are included in this table for the purpose of disclosing all related party revenues (in thousands):
| Three Months Ended |  | Nine Months Ended
| September 30, 2019 |  | September 30, 2019
| PECO III |  | Joint Ventures |  | Other Parties(1) |  | Total |  | PECO III |  | Joint Ventures |  | Other Parties(1) |  | Total
Recurring fees(2) | $ | 217 |  |  | $ | 1,393 |  |  | $ | 59 |  |  | $ | 1,669 |  |  | $ | 639 |  |  | $ | 4,074 |  |  | $ | 177 |  |  | $ | 4,890 |
Transactional revenue and reimbursements(3) | 75 |  |  | 530 |  |  | 1 |  |  | 606 |  |  | 1,091 |  |  | 1,556 |  |  | 8 |  |  | 2,655 |
Insurance premiums | — |  |  | — |  |  | 491 |  |  | 491 |  |  | 24 |  |  | 72 |  |  | 1,437 |  |  | 1,533 |
Total fees and management income | $ | 292 |  |  | $ | 1,923 |  |  | $ | 551 |  |  | $ | 2,766 |  |  | $ | 1,754 |  |  | $ | 5,702 |  |  | $ | 1,622 |  |  | $ | 9,078 |
(1) | Insurance premium income from other parties includes amounts from third parties not affiliated with us in the amount of $0.4 million and $1.4 million for the three and nine months ended September 30, 2019.
(2) | Recurring fees include asset management fees and property management fees.
(3) | Transaction revenue includes items such as leasing commissions, construction management fees, and acquisition fees.
| Three Months Ended |  | Nine Months Ended
| September 30, 2018 |  | September 30, 2018
| REIT II(1) |  | PECO III and Joint Ventures |  | Other Parties(2) |  | Total |  | REIT II(1) |  | PECO III and Joint Ventures |  | Other Parties(2) |  | Total
Recurring fees | $ | 5,061 |  |  | $ | 621 |  |  | $ | 65 |  |  | $ | 5,747 |  |  | $ | 15,393 |  |  | $ | 1,760 |  |  | $ | 218 |  |  | $ | 17,371 |
Transactional revenue and reimbursements | 1,798 |  |  | 875 |  |  | 27 |  |  | 2,700 |  |  | 5,749 |  |  | 2,059 |  |  | 47 |  |  | 7,855 |
Insurance premiums | 90 |  |  | — |  |  | 437 |  |  | 527 |  |  | 277 |  |  | — |  |  | 1,320 |  |  | 1,597 |
Total fees and management income | $ | 6,949 |  |  | $ | 1,496 |  |  | $ | 529 |  |  | $ | 8,974 |  |  | $ | 21,419 |  |  | $ | 3,819 |  |  | $ | 1,585 |  |  | $ | 26,823 |
(1) | All amounts earned from REIT II were earned prior to the close of the Merger in November 2018, and ceased upon its acquisition by us.
(2) | Recurring fees and other revenue from other parties includes amounts from third parties not affiliated with us in the amount of $0.4 million and $1.3 million for the three and nine months ended September 30, 2018.

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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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