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Investments in Unconsolidated Joint Ventures (Balance Sheets of the Unconsolidated Joint Ventures) (Details) - USD ($)
$ in Thousands
Sep. 30, 2021
Dec. 31, 2020
ASSETS    
Real estate and development in process, net $ 18,268,933 $ 17,818,807
Total assets 22,848,810 22,858,190
LIABILITIES AND MEMBERS'/PARTNERS' EQUITY    
Mortgage and notes payable, net 2,898,699 2,909,081
Other Liabilities 370,403 412,084
Members’/Partners’ equity 5,716,818 5,996,083
Total liabilities and equity / capital 22,848,810 22,858,190
Carying value of the Company's investment in unconsolidated joint ventures 1,373,522 1,310,478
Right-of-use assets - finance leases 237,845 237,393
Right of use assets - operating leases 170,085 [1] 146,406
Lease liabilities - finance leases 243,562 236,492
Lease liabilities - operating leases 204,137 201,713
Unconsolidated Joint Ventures [Member]    
ASSETS    
Real estate and development in process, net [2] 5,244,585 4,708,571
Other assets 561,722 531,071
Total assets 5,806,307 5,239,642
LIABILITIES AND MEMBERS'/PARTNERS' EQUITY    
Mortgage and notes payable, net 2,995,161 2,637,911
Other Liabilities [3] 639,980 650,433
Members’/Partners’ equity 2,171,166 1,951,298
Total liabilities and equity / capital 5,806,307 5,239,642
Company's share of equity 995,995 936,087
Basis differentials [4] 340,952 337,832
Carying value of the Company's investment in unconsolidated joint ventures [5] 1,336,947 1,273,919
Right-of-use assets - finance leases 248,900 248,900
Right of use assets - operating leases 22,600 22,500
Lease liabilities - finance leases 386,300 388,700
Lease liabilities - operating leases 30,400 29,000
Unconsolidated Joint Ventures [Member]    
LIABILITIES AND MEMBERS'/PARTNERS' EQUITY    
Other Liabilities 36,600 36,600
Colorado Center    
LIABILITIES AND MEMBERS'/PARTNERS' EQUITY    
Basis differentials 305,236 307,328
Carying value of the Company's investment in unconsolidated joint ventures [6] 230,535 227,671
Gateway Commons Complex [Member]    
LIABILITIES AND MEMBERS'/PARTNERS' EQUITY    
Basis differentials 51,566 51,875
Carying value of the Company's investment in unconsolidated joint ventures [6] 328,367 336,206
Dock 72    
LIABILITIES AND MEMBERS'/PARTNERS' EQUITY    
Basis differentials (50,599) (52,243)
Carying value of the Company's investment in unconsolidated joint ventures [6] $ 28,079 $ 29,536
[1] See Note 4.
[2] At September 30, 2021 and December 31, 2020, this amount included right of use assets - finance leases totaling approximately $248.9 million, and right of use assets - operating leases totaling approximately $22.6 million and $22.5 million, respectively.
[3] At September 30, 2021 and December 31, 2020, this amount included lease liabilities - finance leases totaling approximately $386.3 million and $388.7 million, respectively, and lease liabilities - operating leases totaling approximately $30.4 million and $29.0 million, respectively.
[4] 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. The majority of the Company’s basis differences are as follows:
September 30,
2021		December 31,
2020
Property(in thousands)
Colorado Center$305,236 $307,328 
Gateway Commons51,566 51,875 
Dock 72(50,599)(52,243)
These basis differentials (excluding land) will be amortized over the remaining lives of the related assets and liabilities.
[5] Investments with deficit balances aggregating approximately $36.6 million at September 30, 2021 and December 31, 2020 are reflected within Other Liabilities in the Company’s Consolidated Balance Sheets.
[6] Investments with deficit balances aggregating approximately $36.6 million at September 30, 2021 and December 31, 2020 are included within Other Liabilities in the Company’s Consolidated Balance Sheets.