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Organization (Tables)
6 Months Ended
Jun. 30, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Portfolio of properties
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


_________________
(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

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