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Investments in Properties (Tables) | 3 Months Ended
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Mar. 31, 2024
Investments in Properties |
Schedule of Investments in Properties | ​ A summary of our investments in properties is below (in thousands): ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Property Type | ​ | As of March 31, 2024 | ​ | ​ | As of December 31, 2023
Land | ​ | $ | 1,098,238 | ​ | ​ | $ | 1,087,278
Acquired ground lease | ​ | ​ | 89 | ​ | ​ | ​ | 91
Buildings and improvements | ​ | ​ | 25,179,025 | ​ | ​ | ​ | 25,388,788
Tenant improvements | ​ | ​ | 845,444 | ​ | ​ | ​ | 830,211
​ | ​ | ​ | 27,122,796 | ​ | ​ | ​ | 27,306,368
Accumulated depreciation and amortization | ​ | ​ | (7,976,093) | ​ | ​ | ​ | (7,823,685)
Investments in operating properties, net | ​ | ​ | 19,146,703 | ​ | ​ | ​ | 19,482,683
Construction in progress and space held for development | ​ | ​ | 4,496,840 | ​ | ​ | ​ | 4,635,215
Land held for future development | ​ | ​ | 114,240 | ​ | ​ | ​ | 118,190
Investments in properties, net | ​ | $ | 23,757,783 | ​ | ​ | $ | 24,236,088

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