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Segment Reporting
 6 Months Ended
Jun. 30, 2020
Segment Reporting [Abstract]  
Segment reporting Segment Reporting
The Company’s reporting segments are based on the Company’s method of internal reporting, which classifies its operations into two reporting segments: (i) office properties and (ii) studio properties. The Company evaluates performance based upon net operating income of the combined properties in each segment. General and administrative expenses and interest expense are not included in segment profit as its internal reporting addresses these items on a corporate level. Asset information by segment is not reported because the Company does not use this measure to assess performance or make decisions to allocate resources, therefore, depreciation and amortization expense is not allocated among segments.

The table below presents the operating activity of the Company’s reportable segments:
Three Months Ended June 30,Six Months Ended June 30,
2020201920202019
Office segment
Office revenues$184,308  $179,047  $370,735  $354,905  
Office expenses(64,611) (60,896) (128,471) (121,711) 
Office segment profit119,697  118,151  242,264  233,194  
Studio segment
Studio revenues14,302  17,609  34,102  39,140  
Studio expenses(7,951) (9,539) (18,601) (20,648) 
Studio segment profit6,351  8,070  15,501  18,492  
TOTAL SEGMENT PROFIT$126,048  $126,221  $257,765  $251,686  
Segment revenues$198,610  $196,656  $404,837  $394,045  
Segment expenses(72,562) (70,435) (147,072) (142,359) 
TOTAL SEGMENT PROFIT$126,048  $126,221  $257,765  $251,686  
The table below is a reconciliation of the total profit from all segments to net income:

Three Months Ended June 30, 2020Six Months Ended June 30, 2020
2020201920202019
NET INCOME (LOSS)$7,011  $12,823  $20,960  $(24,072) 
General and administrative17,897  18,344  36,515  36,438  
Depreciation and amortization73,516  69,606  147,279  138,111  
(Income) loss from unconsolidated real estate entity(410) 85  (174) 85  
Fee income(556) —  (1,166) —  
Interest expense27,930  26,552  54,347  50,902  
Interest income(1,048) (1,008) (2,073) (2,032) 
Transaction-related expenses157  —  259  128  
Unrealized loss on non-real estate investment2,267  —  2,848  —  
Impairment loss—  —  —  52,201  
Other income(716) (181) (1,030) (75) 
TOTAL PROFIT FROM ALL SEGMENTS$126,048  $126,221  $257,765  $251,686