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Investment in Real Estate (Tables)
 6 Months Ended
Jun. 30, 2015
Real Estate [Abstract]  
Schedule of Business Acquisitions, by Acquisition
During 2014, we acquired Merrill Place, 3402 Pico Blvd. and 12655 Jefferson. The results of operations for each of these acquisitions are included in our consolidated statements of operations from the date of acquisition. The following table represents our purchase price allocation for each of these acquisitions:

 
Merrill Place
 
3402 Pico Blvd.
 
12655 Jefferson
 
 
Date of Acquisition
February 12, 2014
 
February 28, 2014
 
October 17, 2014
 
Total
Consideration paid
 
 
 
 
 
 
 
Cash consideration
$
57,034

 
$
18,546

 
$
38,000

 
$
113,580

Total consideration
$
57,034

 
$
18,546

 
$
38,000

 
$
113,580

Allocation of consideration paid
 
 
 
 
 
 
 
Investment in real estate, net
$
57,508

 
$
18,500

 
$
38,000

 
$
114,008

Above-market leases
173

 
—

 
—

 
173

Deferred leasing costs and lease intangibles, net
3,163

 
—

 
—

 
3,163

Below-market leases
(3,315
)
 
—

 
—

 
(3,315
)
Other (liabilities) asset assumed, net
(495
)
 
46

 
—

 
(449
)
Total consideration paid
$
57,034

 
$
18,546

 
$
38,000

 
$
113,580



The following table represents our aggregate preliminary purchase price allocation for each of these acquisitions:

 
EOP Northern California Portfolio
 
4th & Traction
 
 
Date of Acquisition
April 1, 2015
 
May 22, 2015
 
Total
Consideration paid
 
 
 
 
 
Cash consideration
$
1,715,346

 
$
49,250

 
$
1,764,596

Common stock
87

 
—

 
87

Additional paid-in capital
285,358

 
—

 
285,358

Non-controlling common units in the Operating Partnership
1,814,936

 
—

 
1,814,936

Total consideration
$
3,815,727

 
$
49,250

 
$
3,864,977

Allocation of consideration paid
 
 
 
 
 
Investment in real estate, net
$
3,611,294

 
$
49,250

 
$
3,660,544

Above-market leases
28,745

 
—

 
28,745

Above-market ground leases
51,180

 
—

 
51,180

Deferred leasing costs and lease intangibles, net
225,440

 
—

 
225,440

Below-market leases
(99,837
)
 
—

 
(99,837
)
Below-market ground leases
(1,095
)
 
—

 
(1,095
)
Total consideration paid
$
3,815,727

 
$
49,250

 
$
3,864,977
Business Acquisition, Pro Forma Information
The table below shows the pro forma financial information for the six months ended June 30, 2015 and 2014 as if the EOP Northern California Portfolio had been acquired as of January 1, 2014.
 
 
Six Months Ended June 30, 2015
 
2015
 
2014
Total revenues
$
297,229

 
$
364,990

Net income (loss)
$
(3,531
)
 
$
(1,208
)