Quarterly report pursuant to Section 13 or 15(d)

Revenue Recognition (Tables)

v3.19.3
Revenue Recognition (Tables)
9 Months Ended
Sep. 30, 2019
Revenue from Contract with Customer [Abstract]  
Disaggregation of Revenue
The following table presents our revenues disaggregated by major revenue source. Sales and usage-based taxes are excluded from revenues.
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2019
 
2018
 
2019
 
2018
 
(in thousands)
On demand
 
 
 
 
 
 
 
Property management
$
52,090

 
$
47,307

 
$
153,007

 
$
139,149

Resident services
110,811

 
94,085

 
308,820

 
256,592

Leasing and marketing
45,758

 
41,842

 
136,836

 
124,099

Asset optimization
36,978

 
32,179

 
108,678

 
95,818

Total on demand revenue
245,637

 
215,413

 
707,341

 
615,658

 
 
 
 
 
 
 
 
Professional and other
9,565

 
9,540

 
26,028

 
26,848

Total revenue
$
255,202

 
$
224,953

 
$
733,369

 
$
642,506


Capitalized Contract Cost Below is a summary of our capitalized commissions costs and their respective locations in the accompanying Condensed Consolidated Balance Sheets:
 
Balance Sheet Location
 
September 30, 2019
 
December 31, 2018
 
 
 
(in thousands)
Capitalized commissions costs - current
Other current assets
 
$
9,406

 
$
6,679

Capitalized commissions costs - noncurrent
Other assets
 
8,594

 
7,757

Total capitalized commissions costs
 
 
$
18,000

 
$
14,436