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Segment Reporting (Tables)

6 Months Ended

Jun. 30, 2019

Segment Reporting [Abstract]

Schedule of Operating Activity for Reporting Units

The table below presents the operating activity of the Company’s reportable segments:

			Three Months Ended June 30,																		Six Months Ended June 30,
			2019						2018						2019						2018
Office segment
Office revenues			$	179,047					$	158,550					$	354,905					$	315,082
Office expenses			(60,896)						(53,940)						(121,711)						(107,180)
Office segment profit			118,151						104,610						233,194						207,902
Studio segment
Studio revenues			17,609						16,619						39,140						34,205
Studio expenses			(9,539)						(8,539)						(20,648)						(18,203)
Studio segment profit			8,070						8,080						18,492						16,002
TOTAL SEGMENT PROFIT			$	126,221					$	112,690					$	251,686					$	223,904
Segment revenues			$	196,656					$	175,169					$	394,045					$	349,287
Segment expenses			(70,435)						(62,479)						(142,359)						(125,383)
TOTAL SEGMENT PROFIT			$	126,221					$	112,690					$	251,686					$	223,904

The table below is a reconciliation of the total profit from all segments to net income (loss):

			Three Months Ended June 30,																		Six Months Ended June 30,
			2019						2018						2019						2018
Total profit from all segments			$	126,221					$	112,690					$	251,686					$	223,904
General and administrative			(18,344)						(16,203)						(36,438)						(31,767)
Depreciation and amortization			(69,606)						(60,706)						(138,111)						(121,259)
Loss from unconsolidated real estate investments			(85)						—						(85)						—
Interest expense			(26,552)						(19,331)						(50,902)						(39,834)
Interest income			1,008						66						2,032						75
Transaction-related expenses			—						—						(128)						(118)
Other income			181						319						75						723
Unrealized gain on non-real estate investment			—						928						—						928
Gains on sale of real estate			—						1,928						—						39,602
Impairment loss			—						—						(52,201)						—
NET INCOME (LOSS)			$	12,823					$	19,691					$	(24,072)					$	72,254

X

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8736-108599

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8813-108599

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=108376223&loc=d3e13816-109267

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 21
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8721-108599

Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8906-108599

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- References

No definition available.

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