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Investments in Unconsolidated Joint Ventures (Balance Sheets of the Unconsolidated Joint Ventures) (Details) - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
ASSETS    
Total real estate $ 19,496,442 $ 18,275,954
Total assets 24,207,669 22,365,258
LIABILITIES AND MEMBERS'/PARTNERS' EQUITY    
Mortgage and notes payable, net 3,272,368 3,267,914
Other Liabilities 450,918 391,441
Members’/Partners’ equity 6,132,919 5,834,020
Total liabilities and equity / capital 24,207,669 22,365,258
Carying value of the Company's investment in unconsolidated joint ventures 1,715,911 1,482,997
Right-of-use assets - finance leases 237,510 237,507
Right of use assets - operating leases 167,351 169,778
Lease liabilities - finance leases 249,335 244,421
Lease liabilities - operating leases 204,686 204,561
Unconsolidated Joint Ventures [Member]    
ASSETS    
Total real estate [1] 6,537,554 5,579,218
Other assets 756,786 586,470
Total assets 7,294,340 6,165,688
LIABILITIES AND MEMBERS'/PARTNERS' EQUITY    
Mortgage and notes payable, net 4,022,746 3,214,961
Other Liabilities [2] 716,271 652,135
Members’/Partners’ equity 2,555,323 2,298,592
Total liabilities and equity / capital 7,294,340 6,165,688
Company's share of equity 1,238,929 1,104,175
Basis differentials [3] 391,556 341,751
Carying value of the Company's investment in unconsolidated joint ventures [4] 1,630,485 1,445,926
Right-of-use assets - finance leases 248,900 248,900
Right of use assets - operating leases 21,200 22,300
Lease liabilities - finance leases 382,200 385,500
Lease liabilities - operating leases 30,500 30,400
Unconsolidated Joint Ventures [Member]    
LIABILITIES AND MEMBERS'/PARTNERS' EQUITY    
Other Liabilities 85,400 37,100
Colorado Center    
LIABILITIES AND MEMBERS'/PARTNERS' EQUITY    
Basis differentials 301,820 304,776
Carying value of the Company's investment in unconsolidated joint ventures [5] 233,862 231,479
Gateway Commons Complex [Member]    
LIABILITIES AND MEMBERS'/PARTNERS' EQUITY    
Basis differentials 47,808 51,009
Carying value of the Company's investment in unconsolidated joint ventures [5] 324,038 327,148
Dock 72    
LIABILITIES AND MEMBERS'/PARTNERS' EQUITY    
Basis differentials (98,980) (50,051)
Carying value of the Company's investment in unconsolidated joint ventures [5] (19,921) $ 28,412
200 Fifth Avenue JV LLC    
LIABILITIES AND MEMBERS'/PARTNERS' EQUITY    
Basis differentials 94,497  
Carying value of the Company's investment in unconsolidated joint ventures [5] $ 120,083  
[1] At December 31, 2022 and December 31, 2021, this amount included right of use assets - finance leases totaling approximately $248.9 million. At December 31, 2022 and December 31, 2021, this amount included right of use assets - operating leases totaling approximately $21.2 million and $22.3 million, respectively.
[2] At December 31, 2022 and December 31, 2021, this amount included lease liabilities - finance leases totaling approximately $382.2 million and $385.5 million, respectively. At December 31, 2022 and December 31, 2021, this amount included lease liabilities - operating leases totaling approximately $30.5 million and $30.4 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. The majority of the Company’s basis differences are as follows:
December 31, 2022December 31, 2021
Property(in thousands)
Colorado Center$301,820 $304,776 
200 Fifth Avenue94,497 N/A
Gateway Commons47,808 51,009 
Dock 72(98,980)(50,051)
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 $85.4 million and $37.1 million at December 31, 2022 and December 31, 2021, respectively, are reflected within Other Liabilities in the Company’s Consolidated Balance Sheets.
[5] Investments with deficit balances aggregating approximately $85.4 million and $37.1 million at December 31, 2022 and December 31, 2021, respectively, are included within Other Liabilities in the Company’s Consolidated Balance Sheets.