Quarterly report pursuant to Section 13 or 15(d)

Revenue Recognition (Tables)

v3.20.1
Revenue Recognition (Tables)
 3 Months Ended
Mar. 31, 2020
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,
 
2020
 
2019
 
(in thousands)
On demand
 
 
 
Property management
$
62,332

 
$
49,914

Resident services
119,085

 
96,804

Leasing and marketing
46,789

 
44,270

Asset optimization
40,265

 
35,531

Total on demand revenue
268,471

 
226,519

 
 
 
 
Professional and other
8,202

 
7,787

Total revenue
$
276,673

 
$
234,306


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, 2020
 
December 31, 2019
 
 
 
(in thousands)
Capitalized commissions costs - current
Other current assets
 
$
10,054

 
$
9,870

Capitalized commissions costs - noncurrent
Other assets
 
8,566

 
8,463

Total capitalized commissions costs
 
 
$
18,620

 
$
18,333