XML 78 R55.htm IDEA: XBRL DOCUMENT v3.25.0.1
Real Estate (Narrative) (Details)
$ in Thousands
12 Months Ended
Dec. 27, 2024
USD ($)
ft²
Jan. 08, 2024
USD ($)
ft²
Dec. 31, 2024
USD ($)
ft²
Real_Estate_Properties
Dec. 31, 2024
USD ($)
ft²
Real_Estate_Properties
Dec. 31, 2023
USD ($)
Dec. 31, 2022
USD ($)
Dec. 20, 2024
USD ($)
Oct. 31, 2024
ft²
Oct. 05, 2024
ft²
Sep. 26, 2024
ft²
Jul. 22, 2024
USD ($)
Jul. 17, 2024
ft²
May 07, 2024
USD ($)
ft²
Apr. 05, 2024
ft²
Feb. 12, 2024
ft²
apartments
Jan. 07, 2024
USD ($)
Real Estate Properties [Line Items]                                
Total revenue     $ 3,407,719   $ 3,273,569 $ 3,108,581                    
Net Income (Loss)     14,272   190,215 848,947                    
Carying value of the Company's investment in unconsolidated joint ventures     1,093,583 $ 1,093,583 1,377,319                      
Impairment loss     $ 13,615   $ 0 $ 0                    
901 New York Avenue LLC [Member]                                
Real Estate Properties [Line Items]                                
Ownership Percentage [1]         25.00%                      
Construction in Progress                                
Real Estate Properties [Line Items]                                
Net Rentable Area (in sf) | ft²     2,300,000 2,300,000                        
Number of real estate properties | Real_Estate_Properties     7 7                        
901 New York Avenue                                
Real Estate Properties [Line Items]                                
Net Rentable Area (in sf) | ft²   508,000                            
Payments to Acquire Investments   $ 10,000                            
Net Working Capital, Including Cash Acquired from Acquisition   7,100                            
Gain on sale / consolidation   21,800                            
Total revenue       $ 33,200                        
Net Income (Loss)       $ (9,400)                        
Asset Acquisition, Consideration Transferred   20,000                            
901 New York Avenue | Unconsolidated Properties                                
Real Estate Properties [Line Items]                                
Gain on sale / consolidation   21,800                            
901 New York Avenue | 901 New York Avenue LLC [Member]                                
Real Estate Properties [Line Items]                                
Carying value of the Company's investment in unconsolidated joint ventures                               $ (11,800)
Investments in Affiliates, Subsidiaries, Associates, and Joint Ventures, Fair Value Disclosure   10,000                            
901 New York Avenue | 901 New York Avenue LLC [Member] | Unconsolidated Properties                                
Real Estate Properties [Line Items]                                
Ownership Percentage                               50.00%
901 New York Avenue | Mortgages [Member]                                
Real Estate Properties [Line Items]                                
Debt   207,100         $ 202,300                  
Assumption of mortgage notes payable   $ 207,100                            
901 New York Avenue | Joint Venture Partner [Member] | 901 New York Avenue LLC [Member]                                
Real Estate Properties [Line Items]                                
Ownership Percentage   50.00%                            
901 New York Avenue | Joint Venture Partner [Member] | 901 New York Avenue LLC [Member] | Unconsolidated Properties                                
Real Estate Properties [Line Items]                                
Ownership Percentage   50.00%                            
725 12th Street                                
Real Estate Properties [Line Items]                                
Net Rentable Area (in sf) | ft² 300,000                              
Number of floors 12                              
Payments to Acquire Buildings $ 34,000                              
725 12th Street | Construction in Progress                                
Real Estate Properties [Line Items]                                
Net Rentable Area (in sf) | ft² 320,000                              
121 Broadway | Construction in Progress | Residential Properties [Member]                                
Real Estate Properties [Line Items]                                
Net Rentable Area (in sf) | ft²                             492,000  
Number of Units in Real Estate Property | apartments                             439  
760 Boylston Street                                
Real Estate Properties [Line Items]                                
Net Rentable Area (in sf) | ft²                           118,000    
Reston Next Office Phase II                                
Real Estate Properties [Line Items]                                
Net Rentable Area (in sf) | ft²                       90,000        
180 CityPoint [Member]                                
Real Estate Properties [Line Items]                                
Net Rentable Area (in sf) | ft²                   329,000            
103 CityPoint                                
Real Estate Properties [Line Items]                                
Net Rentable Area (in sf) | ft²                 113,000              
300 Binney Street                                
Real Estate Properties [Line Items]                                
Net Rentable Area (in sf) | ft²               240,000                
Shady Grove Innovation District [Member]                                
Real Estate Properties [Line Items]                                
Net Rentable Area (in sf) | ft²                         143,000      
Impairment loss     $ 13,600                          
Number of real estate properties                         2      
Contractual Sales Price                     $ 24,700   $ 24,800      
[1] At December 31, 2023, the Company’s economic ownership was approximately 50%. On January 8, 2024, the Company completed the acquisition of its joint venture partner’s 50% economic ownership interest for a gross purchase price of
$10.0 million, as described in Note 3 and this Note 6. Since then, the Company accounts for its assets, liabilities and operations on a consolidated basis.