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Revenue Recognition | 12 Months Ended
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Dec. 31, 2019
Revenue from Contract with Customer [Abstract] |
Revenue Recognition | Revenue Recognition Operating Leases Minimum lease payments to be received under long-term operating leases and short-term specialty leases, excluding additional percentage rent based on tenants' sales volume and tenant reimbursements of certain operating expenses, and assuming no exercise of renewal options or early termination rights, are as follows:
For the year ending December 31, | As of December 31, 2019
2020 | 144,021 |
2021 | 133,294 |
2022 | 112,925 |
2023 | 98,685 |
2024 | 82,861 |
Thereafter | 293,157 |
Total | $ | 864,943 |
For the year ending December 31, | As of December 31, 2018
2019 | 151,874 |
2020 | 139,290 |
2021 | 124,366 |
2022 | 103,204 |
2023 | 83,744 |
Thereafter | 282,629 |
Total | $ | 885,107 |
The remaining lease terms range from one year to forty-one years. The following table reflects the disaggregation of lease income, net:
| Year Ended December 31,
| 2019 |  | 2018 |  | 2017
Minimum lease payments | $ | 156,896 |  |  | $ | 170,379 |  |  | $ | 182,043 |
Tax and insurance recoveries | 32,347 |  |  | 33,177 |  |  | 31,966 |
Common area maintenance and other recoveries | 23,363 |  |  | 24,817 |  |  | 25,226 |
Amortization of above and below-market leases and lease inducements, net | 6,148 |  |  | 5,347 |  |  | 5,326 |
Short-term, termination fee and other lease income | 3,311 |  |  | 2,840 |  |  | 1,681 |
Estimated credit losses | (1,412 | ) |  | — |  |  | — |
Lease income, net | $ | 220,653 |  |  | $ | 236,560 |  |  | $ | 246,242 |
Other Fee Income During the years ended December 31, 2019, 2018 and 2017, the Company earned other fee income of $3,856, $4,390, and $4,222, respectively, which are fees derived from services provided to IAGM Retail Fund I, LLC ("IAGM"), an unconsolidated retail joint venture partnership between the Company as 55% owner and PGGM Private Real Estate Fund ("PGGM"), as disclosed in "Note 6. Investment in Consolidated and Unconsolidated Entities", and therefore deemed to be related party transactions. The property management, asset management, leasing and other services are provided over the term of the contract which has a remaining original duration through 2023. The Company had receivables of $460, $778 and $515 as of December 31, 2019, 2018 and 2017, respectively, which are included in deferred costs and other assets, net on the consolidated balance sheets. The following table reflects the disaggregation of other fee income:
| Year Ended December 31,
| 2019 |  | 2018 |  | 2017
Property management fee | $ | 2,421 |  |  | $ | 2,626 |  |  | $ | 2,794 |
Asset management fee | 1,074 |  |  | 1,080 |  |  | 1,213 |
Leasing commissions and other fees | 361 |  |  | 684 |  |  | 215 |
Other fee income | $ | 3,856 |  |  | $ | 4,390 |  |  | $ | 4,222 |

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- Definition The entire disclosure of revenue from contract with customer to transfer good or service and to transfer nonfinancial asset. Includes, but is not limited to, disaggregation of revenue, credit loss recognized from contract with customer, judgment and change in judgment related to contract with customer, and asset recognized from cost incurred to obtain or fulfill contract with customer. Excludes insurance and lease contracts. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -URI http://asc.fasb.org/topic&trid=49130388 + Details
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