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Segment Reporting (Tables)
9 Months Ended
Sep. 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 September 30,Nine Months Ended September 30,
2019201820192018
Office segment
Office revenues$186,015  $161,446  $540,920  $476,528  
Office expenses(66,969) (57,295) (188,680) (164,475) 
Office segment profit119,046  104,151  352,240  312,053  
Studio segment
Studio revenues22,203  19,252  61,343  53,457  
Studio expenses(11,440) (10,511) (32,088) (28,714) 
Studio segment profit10,763  8,741  29,255  24,743  
TOTAL SEGMENT PROFIT$129,809  $112,892  $381,495  $336,796  
Segment revenues$208,218  $180,698  $602,263  $529,985  
Segment expenses(78,409) (67,806) (220,768) (193,189) 
TOTAL SEGMENT PROFIT$129,809  $112,892  $381,495  $336,796  

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

Three Months Ended September 30, 2019Nine Months Ended September 30, 2019
2019201820192018
Total profit from all segments$129,809  $112,892  $381,495  $336,796  
General and administrative(17,661) (14,280) (54,099) (46,047) 
Depreciation and amortization(69,781) (62,224) (207,892) (183,483) 
Loss from unconsolidated real estate investments(260) —  (345) —  
Interest expense(26,590) (20,131) (77,492) (59,965) 
Interest income1,002  418  3,034  493  
Transaction-related expenses(331) (165) (459) (283) 
Unrealized gain on non-real estate investment—  —  —  928  
Gains on sale of real estate47,100  3,735  47,100  43,337  
Impairment loss—  —  (52,201) —  
Other (loss) income(333) 25  (258) 748  
NET INCOME$62,955  $20,270  $38,883  $92,524