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Revenue Recognition (Tables) | 6 Months Ended
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Jun. 30, 2020
Revenue from Contract with Customer [Abstract] |
Summary of Minimum Lease Payments to be Received | 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:
Minimum lease payments, by year | As of June 30, 2020
2020 | $ | 73,296 |
2021 | 136,695 |
2022 | 116,904 |
2023 | 102,276 |
2024 | 86,361 |
Thereafter | 311,125 |
Total | $ | 826,657 |
Disaggregation of Lease Income, Net | The following table reflects the disaggregation of lease income, net:
| Three months ended June 30, |  | Six months ended June 30,
| 2020 |  | 2019 |  | 2020 |  | 2019
Minimum lease payments | $ | 33,835 |  |  | $ | 39,059 |  |  | $ | 70,012 |  |  | $ | 78,466 |
Tax and insurance recoveries | 6,384 |  |  | 8,717 |  |  | 14,514 |  |  | 16,975 |
Common area maintenance and other recoveries | 4,652 |  |  | 5,348 |  |  | 9,802 |  |  | 11,125 |
Amortization of above and below-market leases and lease inducements, net | 1,306 |  |  | 1,327 |  |  | 2,848 |  |  | 2,918 |
Short-term, termination fee and other lease income | 536 |  |  | 1,478 |  |  | 1,584 |  |  | 2,149 |
Provision for estimated credit losses | (5,995 | ) |  | (316 | ) |  | (6,758 | ) |  | (521 | )
Lease income, net | $ | 40,718 |  |  | $ | 55,613 |  |  | $ | 92,002 |  |  | $ | 111,112 |
Disaggregation of Other Fee Income | The following table reflects the disaggregation of other fee income:
| Three months ended June 30, |  | Six months ended June 30,
| 2020 |  | 2019 |  | 2020 |  | 2019
Property management fees | $ | 436 |  |  | $ | 588 |  |  | $ | 1,013 |  |  | $ | 1,226 |
Asset management fees | 271 |  |  | 272 |  |  | 556 |  |  | 517 |
Leasing commissions and other fees | 6 |  |  | — |  |  | 107 |  |  | 22 |
Other fee income | $ | 713 |  |  | $ | 860 |  |  | $ | 1,676 |  |  | $ | 1,765 |

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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=121604090&loc=SL49130545-203045 + Details
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- Definition Tabular disclosure of maturity of undiscounted cash flows to be received by lessor on annual basis for operating lease. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 30 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=121576215&loc=SL77919396-209981 + Details
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- Definition Tabular disclosure of components of income from operating lease. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 30 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=121576215&loc=SL77919372-209981 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 50 -Paragraph 6A -URI http://asc.fasb.org/extlink&oid=121640914&loc=SL77927221-108306 + Details
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