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Fee Income (Tables)
 12 Months Ended
Dec. 31, 2018
Other Income and Expenses [Abstract]  
Schedule of Asset Management and Other Fees
The Company's fee income is earned from the following sources:
 
 
Year Ended December 31,
(In thousands)
 
2018
 
2017
 
2016
Institutional funds
 
$
56,002

 
$
60,988

 
$
67,731

Non-traded REITs
 
29,597

 
88,081

 
—

Public companies (Colony Credit, NRE)
 
65,258

 
14,003

 
—

Broker-dealer, Townsend and other clients
 
964

 
57,717

 
—

 
 
$
151,821

 
$
220,789

 
$
67,731

The following table presents the Company's fee income by type:
 
 
Year Ended December 31,
(In thousands)
 
2018
 
2017
 
2016
Base management fees ($137,762, $165,436 and $63,212 from affiliates, respectively)
 
$
138,784

 
$
183,838

 
$
63,212

Asset management fees—from affiliates
 
2,078

 
3,069

 
4,519

Acquisition and disposition fees—from affiliates
 
1,922

 
16,237

 
—

Incentive fees ($5,445, $172, $0 from affiliates, respectively)
 
5,445

 
1,043

 
—

Other fee income ($3,389, $0 and $0 from affiliates, respectively)
 
3,592

 
16,602

 
—

Total fee income
 
$
151,821

 
$
220,789

 
$
67,731