XML 33 R29.htm IDEA: XBRL DOCUMENT v2.4.0.8
Segment Reporting (Tables)
 9 Months Ended
Sep. 30, 2014
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment
Summary information for the reportable segments for the nine months ended September 30, 2014 is as follows:
 
Office Properties
 
Media and  Entertainment
Properties
 
Total
Revenue
$
155,693

 
$
30,187

 
$
185,880

Operating expenses
58,469

 
19,244

 
77,713

Net operating income
$
97,224

 
$
10,943

 
$
108,167


Summary information for the reportable segments for the nine months ended September 30, 2013 is as follows: 
 
Office Properties
 
Media and  Entertainment
Properties
 
Total
Revenue
$
117,754

 
$
30,387

 
$
148,141

Operating expenses
44,191

 
18,133

 
62,324

Net operating income
$
73,563

 
$
12,254

 
$
85,817
Reconciliation of Operating Profit (Loss) from Segments to Consolidated
The following is reconciliation from NOI to reported net income, the most direct comparable financial measure calculated and presented in accordance with GAAP:
 
September 30, 2014
 
September 30, 2013
Net operating income
$
108,167

 
$
85,817

General and administrative
(19,157
)
 
(15,195
)
Depreciation and amortization
(51,973
)
 
(53,069
)
Interest expense
(19,519
)
 
(18,673
)
Interest income
21

 
262

Acquisition-related expenses
(319
)
 
(992
)
Other expense
43

 
(41
)
Income from continuing operations
$
17,263

 
$
(1,891
)