Quarterly report pursuant to Section 13 or 15(d)

Revenue Recognition (Tables)

v3.20.2
Revenue Recognition (Tables)
6 Months Ended
Jun. 30, 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 June 30, Six Months Ended June 30,
  2020 2019 2020 2019
(in thousands)
On demand
Property management $ 60,082    $ 51,003    $ 122,414    $ 100,917   
Resident services 129,171    101,205    248,256    198,009   
Leasing and marketing 47,847    46,808    94,636    91,078   
Asset optimization 41,459    36,169    81,724    71,700   
Total on demand revenue 278,559    235,185    547,030    461,704   
Professional and other 7,048    8,676    15,250    16,463   
Total revenue $ 285,607    $ 243,861    $ 562,280    $ 478,167   
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 June 30, 2020 December 31, 2019
(in thousands)
Capitalized commissions costs — current Other current assets $ 10,553    $ 9,870   
Capitalized commissions costs — noncurrent Other assets 9,162    8,463   
Total capitalized commissions costs $ 19,715    $ 18,333