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Investment in Real Estate (Tables) | 6 Months Ended
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Jun. 30, 2018
Real Estate [Abstract] |
Summary of investment in real estate | The following table summarizes the Company’s investment in real estate, at cost as of:
| June 30, 2018 |  | December 31, 2017
Land | $ | 1,220,267 |  |  | $ | 1,204,700 |
Building and improvements | 4,443,050 |  |  | 4,389,846 |
Tenant improvements | 443,548 |  |  | 397,012 |
Furniture and fixtures | 8,756 |  |  | 8,576 |
Property under development | 303,261 |  |  | 219,227 |
Investment in real estate, at cost(1) | $ | 6,418,882 |  |  | $ | 6,219,361 |
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(1) | Excludes balances related to properties that have been classified as held for sale.
Schedule of dispositions | The Company’s portfolio consists of properties located throughout Northern and Southern California and the Pacific Northwest. The following table summarizes the Company’s portfolio as of June 30, 2018:
Segments | Number of Properties |  | Square Feet (unaudited)
Office | 50 |  |  | 13,336,940 |
Studio | 3 |  |  | 1,246,423 |
Total(1) | 53 |  |  | 14,583,363 |
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(1) | Includes redevelopment, development and held for sale properties.
The following table summarizes the properties sold during the six months ended June 30, 2018. These properties were non-strategic assets to the Company’s portfolio and were classified as held for sale as of December 31, 2017:
Property |  | Date of Disposal |  | Approximate Square Feet |  | Sales Price(1) (in millions)
Embarcadero Place |  | 1/25/2018 |  | 197,402 |  |  | $ | 136.0 |
2600 Campus Drive (building 6 of Peninsula Office Park) |  | 1/31/2018 |  | 63,050 |  |  | 22.5 |
2180 Sand Hill |  | 3/1/2018 |  | 45,613 |  |  | 82.5 |
9300 Wilshire |  | 4/10/2018 |  | 61,422 |  |  | 13.8 |
Total dispositions |  |  |  | 367,487 |  |  | $ | 254.8 |
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(1) | Represents gross sales price before certain credits, prorations and closing costs.
Schedule of components of assets and liabilities associated with real estate held for sale | The following table summarizes the components of assets and liabilities associated with real estate held for sale as of:
| June 30, 2018 |  | December 31, 2017
ASSETS |  |  |
Investment in real estate, net | $ | 192,630 |  |  | $ | 396,846 |
Accounts receivable, net | 75 |  |  | 213 |
Straight-line rent receivables, net | 3,292 |  |  | 5,225 |
Deferred leasing costs and lease intangible assets, net | 4,998 |  |  | 9,589 |
Prepaid expenses and other assets, net | 16 |  |  | 58 |
Assets associated with real estate held for sale | $ | 201,011 |  |  | $ | 411,931 |
LIABILITIES |  |  |
Accounts payable and accrued liabilities | $ | 1,929 |  |  | $ | 1,808 |
Lease intangible liabilities, net | 271 |  |  | 485 |
Security deposits and prepaid rent | 1,354 |  |  | 2,610 |
Liabilities associated with real estate held for sale | $ | 3,554 |  |  | $ | 4,903 |

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- Definition Tabular disclosure of nonconsolidated investments in real estate including interests in corporations, partnerships and joint ventures. Disclosures may include summarized aggregate financial statements for the real estate investments. + References No definition available. + Details
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- Definition Tabular disclosure of information related to a disposal group. Includes, but is not limited to, a discontinued operation, disposal classified as held-for-sale or disposed of by means other than sale or disposal of an individually significant component. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 45 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=65878427&loc=SL51721533-107759 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 4B -URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721665-107760 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=64827811&loc=d3e1474-107760 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=64827811&loc=d3e1361-107760 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721683-107760 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 3A -URI http://asc.fasb.org/extlink&oid=84176398&loc=SL51724579-110230 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5C -URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721675-107760 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 4A -URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721663-107760 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=84176398&loc=d3e2941-110230 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5B -URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721673-107760 Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 3A -URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721659-107760 Reference 12: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5A -URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721671-107760 Reference 13: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5D -URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721677-107760 + Details
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