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Fee and Other Income (Tables) | 12 Months Ended
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Dec. 31, 2024
Disaggregation of Revenue [Abstract] |
Summary of Fee and Other Income | The following table sets forth the details of our fee and other income.
| For the Year Ended December 31, |
(Amounts in thousands) | 2024 |  |  | 2023 |  |  | 2022 |
Fee income: |  |  |  |  |  |  |  |
Asset management | $ | 8,840 |  |  | $ | 11,075 |  |  | $ | 12,270 |
Property management |  | 6,660 |  |  |  | 7,278 |  |  |  | 7,981 |
Acquisition, disposition, leasing and other |  | 6,380 |  |  |  | 3,244 |  |  |  | 8,170 |
Total fee income |  | 21,880 |  |  |  | 21,597 |  |  |  | 28,421 |
Other income (1) |  | 13,821 |  |  |  | 9,721 |  |  |  | 9,137 |
Total fee and other income | $ | 35,701 |  |  | $ | 31,318 |  |  | $ | 37,558 |
(1) Primarily comprised of (i) tenant requested services, including cleaning, overtime heating and cooling and (ii) parking income.
Summary of Amount Receivable from Customers under Various Fee Agreement | The following table sets forth the amounts receivable from our customers under our various fee agreements and are included as a component of “accounts and other receivables” on our consolidated balance sheets.
|  |  |  |  |  |  |  |  |  |  | Acquisition, |
|  |  |  |  | Asset |  |  | Property |  |  | Disposition, Leasing |
(Amounts in thousands) | Total |  |  | Management |  |  | Management |  |  | and Other |
Accounts and other receivables: |  |  |  |  |  |  |  |  |  |  |
Balance as of December 31, 2023 |  | $ | 2,554 |  |  | $ | 1,850 |  |  | $ | 586 |  |  | $ | 118 |
Balance as of December 31, 2024 |  |  | 1,954 |  |  |  | 1,326 |  |  |  | 447 |  |  |  | 181 |
(Decrease) increase |  | $ | (600 | ) |  | $ | (524 | ) |  | $ | (139 | ) |  | $ | 63 |

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- Definition Fee and other income. + References No definition available. + Details
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- Definition Tabular disclosure of receivable, contract asset, and contract liability from contract with customer. Includes, but is not limited to, change in contract asset and contract liability. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 10 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-10 + Details
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