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Investment in Real Estate (Tables)
3 Months Ended
Mar. 31, 2017
Real Estate [Abstract]  
Schedule of properties sold
The following table summarizes the properties sold during the three months ended March 31, 2017. These properties were non-strategic assets to the Company’s portfolio:
Property
 
Date of Disposition
 
Square Feet
 
Sales Price(1) (in millions)
222 Kearny Street
 
February 14, 2017
 
148,797

 
$
51.8

3402 Pico Boulevard
 
March 21, 2017
 
50,687

 
35.0

Total dispositions
 
 
 
199,484

 
$
86.8

_________________ 
(1)
Represents gross sales price before certain credits, prorations and closing costs.

Schedule of costs capitalized
The Company recognized the following capitalized costs during the periods presented:
 
Three Months Ended March 31,
 
2017
 
2016
Capitalized personnel costs
$
2,737

 
$
2,319

Capitalized interest
2,446

 
2,628