Quarterly report pursuant to Section 13 or 15(d)

Revenue Recognition (Tables)

v3.19.1
Revenue Recognition (Tables)
3 Months Ended
Mar. 31, 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 March 31,
 
2019
 
2018
 
(in thousands)
On demand
 
 
 
Property management
$
49,914

 
$
45,319

Resident services
96,804

 
77,177

Leasing and marketing
44,270

 
39,416

Asset optimization
35,531

 
31,388

Total on demand revenue
226,519

 
193,300

 
 
 
 
Professional and other
7,787

 
8,001

Total revenue
$
234,306

 
$
201,301

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
 
March 31, 2019
 
December 31, 2018
 
 
 
(in thousands)
Capitalized commissions costs - current
Other current assets
 
$
7,761

 
$
6,679

Capitalized commissions costs - noncurrent
Other assets
 
8,216

 
7,757

Total capitalized commissions costs
 
 
$
15,977

 
$
14,436