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v3.20.4

Segment Reporting (Details) | 12 Months Ended
--- | ---
Dec. 31, 2020 USD ($) segment | Dec. 31, 2019 USD ($) | Dec. 31, 2018 USD ($)
Segment Reporting Information [Line Items] |  |  |
Number of operating segments | segment | 2 |  |
Revenues | $ 804,965,000 | $ 818,182,000 | $ 728,418,000
Operating expenses | (299,779,000) | (301,522,000) | (267,710,000)
Office segment profit | 505,186,000 | 516,660,000 | 460,708,000
General and administrative | (77,882,000) | (71,947,000) | (61,027,000)
Depreciation and amortization | (299,682,000) | (282,088,000) | (251,003,000)
Income (loss) from unconsolidated real estate entities | 736,000 | (747,000) | 0
Fee income | 2,815,000 | 1,459,000 | 0
Interest expense | (116,477,000) | (105,845,000) | (83,167,000)
Interest income | 4,089,000 | 4,044,000 | 1,718,000
Transaction-related expenses | (440,000) | (667,000) | (535,000)
Unrealized loss (gain) on non-real estate investment | (2,463,000) | 0 | 928,000
Gains on sale of real estate | 0 | 47,100,000 | 43,337,000
Impairment loss | 0 | (52,201,000) | 0
Other income | 548,000 | 78,000 | 822,000
Net income | 16,430,000 | 55,846,000 | 111,781,000
Office segment |  |  |
Segment Reporting Information [Line Items] |  |  |
Revenues | 735,919,000 | 733,735,000 | 652,517,000
Operating expenses | (262,199,000) | (256,209,000) | (226,820,000)
Office segment profit | 473,720,000 | 477,526,000 | 425,697,000
Studio segment |  |  |
Segment Reporting Information [Line Items] |  |  |
Revenues | 69,046,000 | 84,447,000 | 75,901,000
Operating expenses | (37,580,000) | (45,313,000) | (40,890,000)
Office segment profit | $ 31,466,000 | $ 39,134,000 | $ 35,011,000

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