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Investments in Unconsolidated Joint Ventures (Tables)
 9 Months Ended
Sep. 30, 2020
Schedule of Equity Method Investments [Line Items]  
Investments In Unconsolidated Joint Ventures
The investments in unconsolidated joint ventures consist of the following at September 30, 2020 and December 31, 2019:
 Carrying Value of Investment (1)
EntityPropertiesNominal %
Ownership		September 30,
2020		December 31,
2019
(in thousands)
Square 407 Limited PartnershipMarket Square North50.0 %$(3,864)$(4,872)
BP/CRF Metropolitan Square, LLC
Metropolitan Square20.0 %(7,166)9,134 
901 New York, LLC901 New York Avenue25.0 %(2) (12,187)(12,113)
WP Project Developer LLC
Wisconsin Place Land and Infrastructure
33.3 %(3) 35,682 36,789 
Annapolis Junction NFM LLCAnnapolis Junction50.0 %(4) 13,238 25,391 
540 Madison Venture LLC540 Madison Avenue60.0 %(5) 105 2,953 
500 North Capitol Venture LLC500 North Capitol Street, NW30.0 %(6,239)(5,439)
501 K Street LLC
1001 6th Street
50.0 %(6) 42,640 42,496 
Podium Developer LLCThe Hub on Causeway - Podium50.0 %49,092 49,466 
Residential Tower Developer LLCHub50House50.0 %52,055 55,092 
Hotel Tower Developer LLC
The Hub on Causeway - Hotel Air Rights
50.0 %10,469 9,883 
Office Tower Developer LLC100 Causeway Street50.0 %56,572 56,606 
1265 Main Office JV LLC1265 Main Street50.0 %4,027 3,780 
BNY Tower Holdings LLCDock 72 50.0 %98,844 94,804 
BNYTA Amenity Operator LLC Dock 72 50.0 %236 N/A
CA-Colorado Center Limited Partnership
Colorado Center50.0 %232,065 252,069 
7750 Wisconsin Avenue LLC 7750 Wisconsin Avenue 50.0 %57,720 56,247 
BP-M 3HB Venture LLC3 Hudson Boulevard25.0 %106,546 67,499 
SMBP Venture LPSanta Monica Business Park55.0 %147,015 163,937 
Platform 16 Holdings LPPlatform 1655.0 %(7)104,422 29,501 
Gateway Portfolio Holdings LLCGateway Commons50.0 %(8)339,383 N/A
Rosecrans-Sepulveda Partners 4, LLCBeach Cities Media Center50.0 %27,180 N/A
$1,347,835 $933,223 
 _______________
(1)Investments with deficit balances aggregating approximately $29.5 million and $22.4 million at September 30, 2020 and December 31, 2019, respectively, are included within Other Liabilities in the Company’s Consolidated Balance Sheets.
(2)The Company’s economic ownership has increased based on the achievement of certain return thresholds. At September 30, 2020 and December 31, 2019, the Company’s economic ownership was approximately 50%.
(3)The Company’s wholly-owned subsidiary that owns Wisconsin Place Office also owns a 33.3% interest in the joint venture entity that owns the land, parking garage and infrastructure of the project.
(4)The joint venture owns two in-service buildings.
(5)The property was sold on June 27, 2019. As of September 30, 2020 and December 31, 2019, the investment included only undistributed cash.
(6)Under the joint venture agreement for this land parcel, the partner will be entitled to up to two additional payments from the venture based on increases in total entitled square footage of the project above 520,000 square feet and achieving certain project returns at stabilization.
(7)This entity is a VIE (See Note 2).
(8)As a result of the partner’s deferred contribution, the Company owns an approximately 55% interest in the joint venture at September 30, 2020. Future development projects will be owned 49% by the Company and 51% by its partner.
Schedule Of Balance Sheets Of The Unconsolidated Joint Ventures [Text Block]
The combined summarized balance sheets of the Company’s unconsolidated joint ventures are as follows: 
September 30,
2020		December 31,
2019
 (in thousands)
ASSETS
Real estate and development in process, net (1)$4,651,694 $3,904,400 
Other assets560,764 502,706 
Total assets$5,212,458 $4,407,106 
LIABILITIES AND MEMBERS’/PARTNERS’ EQUITY
Mortgage and notes payable, net$2,558,499 $2,218,853 
Other liabilities (2)651,744 749,675 
Members’/Partners’ equity2,002,215 1,438,578 
Total liabilities and members’/partners’ equity$5,212,458 $4,407,106 
Company’s share of equity$948,569 $591,905 
Basis differentials (3)399,266 341,318 
Carrying value of the Company’s investments in unconsolidated joint ventures (4)$1,347,835 $933,223 
 _______________
(1)At September 30, 2020 and December 31, 2019, this amount included right of use assets - finance leases totaling approximately $248.9 million and $383.9 million, respectively, and right of use assets - operating leases totaling approximately $11.5 million and $12.1 million, respectively.
(2)At September 30, 2020 and December 31, 2019, this amount included lease liabilities - finance leases totaling approximately $389.4 million and $510.8 million, respectively, and lease liabilities - operating leases totaling approximately $17.5 million and $17.3 million, respectively.
(3)This amount represents the aggregate difference between the Company’s historical cost basis and the basis reflected at the joint venture level, which is typically amortized over the life of the related assets and liabilities. Basis differentials result from impairments of investments, acquisitions through joint ventures with no change in control and upon the transfer of assets that were previously owned by the Company into a joint venture. In addition, certain acquisition, transaction and other costs may not be reflected in the net assets at the joint venture level. At September 30, 2020 and December 31, 2019, there was an aggregate basis differential of approximately $308.0 million and $311.3 million, respectively, between the carrying value of the Company’s investment in the joint venture that owns Colorado Center and the joint venture’s basis in the assets and liabilities. At September 30, 2020, there was an aggregate basis differential of approximately $53.1 million between the carrying value of the Company’s investment in the joint venture that owns Gateway Commons and the joint venture’s basis in the assets and liabilities. These basis differentials (excluding land) will be amortized over the remaining lives of the related assets and liabilities.
(4)Investments with deficit balances aggregating approximately $29.5 million and $22.4 million at September 30, 2020 and December 31, 2019, respectively, are reflected within Other Liabilities in the Company’s Consolidated Balance Sheets.
Statements Of Operations Of The Joint Ventures
The combined summarized statements of operations of the Company’s unconsolidated joint ventures are as follows: 
 Three months ended September 30,Nine months ended September 30,
 2020201920202019
 (in thousands)
Total revenue (1)$87,724 $75,940 $270,490 $239,099 
Expenses
Operating37,572 28,839 106,677 89,472 
Depreciation and amortization35,810 23,477 105,235 76,941 
Total expenses73,382 52,316 211,912 166,413 
Other income (expense)
Interest expense(25,481)(20,483)(71,370)(62,043)
Gains on sales of real estate— (812)11,720 33,760 
Net income$(11,139)$2,329 $(1,072)$44,403 
Company’s share of net income$(4,421)$392 $855 $24,352 
Basis differential (2)(2,452)(1,041)(6,265)23,176 
Income from unconsolidated joint ventures$(6,873)$(649)$(5,410)$47,528 
_______________ 
(1)Includes straight-line rent adjustments of approximately $3.8 million and $5.3 million for the three months ended September 30, 2020 and 2019, respectively, and $22.0 million and $18.7 million for the nine months ended September 30, 2020 and 2019, respectively.
(2)Includes straight-line rent adjustments of approximately $0.4 million and $0.5 million for the three months ended September 30, 2020 and 2019, respectively, and $1.3 million and $1.6 million for the nine months ended September 30, 2020 and 2019, respectively. Also includes net above-/below-market rent adjustments of approximately $0.2 million and $0.4 million for the three months ended September 30, 2020 and 2019, respectively, and $0.7 million and $1.3 million for the nine months ended September 30, 2020 and 2019, respectively.