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Investment in Real Estate (Tables) | 12 Months Ended
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Dec. 31, 2020
Real Estate [Abstract] |
Investment in Real Estate | The following table summarizes the Company’s investment in real estate, at cost as of:
| December 31, 2020 |  | December 31, 2019
Land | $ | 1,351,888 |  |  | $ | 1,313,412 |
Building and improvements | 5,840,819 |  |  | 5,189,342 |
Tenant improvements | 728,111 |  |  | 631,459 |
Furniture and fixtures | 12,250 |  |  | 10,693 |
Property under development | 281,949 |  |  | 124,222 |
INVESTMENT IN REAL ESTATE, AT COST | $ | 8,215,017 |  |  | $ | 7,269,128 |
Real Estate Acquisitions, Allocation of Consideration | The following table represents the Company’s final purchase price accounting for the 1918 Eighth acquisition:
TOTAL CONSIDERATION |  | $ | 593,945 |
Allocation of consideration |  |
Investment in real estate |  | $ | 584,250 |
Deferred leasing costs and in-place lease intangibles(1) |  | 37,563 |
Above-market leases(2) |  | 335 |
Below-market leases(3) |  | (28,203) |
TOTAL |  | $ | 593,945 |
_____________ 1.Represents weighted-average amortization period of 9.1 years (before any renewal or extension options). 2.Represents weighted-average amortization period of 7.8 years (before any renewal or extension options). 3.Represents weighted-average amortization period of 9.3 years (before any renewal or extension options).
Real Estate Dispositions | The following table summarizes information on dispositions completed during the years ended December 31, 2019 and 2018:
Property |  | Segment |  | Date of Disposition |  | Square Feet |  | Sales Price(1) (in millions)
Campus Center Office |  | Office |  | 7/24/2019 |  | 471,580 |  |  | $ | 70.3 |
Campus Center Land |  | Office |  | 7/30/2019 |  | 946,350 |  |  | 78.1 |
TOTAL DISPOSITIONS IN 2019 |  |  |  |  |  | 1,417,930 |  |  | $ | 148.4 |
Embarcadero Place |  | Office |  | 1/25/2018 |  | 197,402 |  |  | $ | 136.0 |
2600 Campus Drive (building 6 of Peninsula Office Park) |  | Office |  | 1/31/2018 |  | 63,050 |  |  | 22.5 |
2180 Sand Hill |  | Office |  | 3/1/2018 |  | 45,613 |  |  | 82.5 |
9300 Wilshire |  | Office |  | 4/10/2018 |  | 61,422 |  |  | 13.8 |
Peninsula Office Park |  | Office |  | 7/27/2018 |  | 447,739 |  |  | 210.0 |
TOTAL DISPOSITIONS IN 2018 |  |  |  |  |  | 815,226 |  |  | $ | 464.8 |
_____________ 1.Represents gross sales price before certain credits, prorations and closing costs.

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- Definition Tabular disclosure of nonconsolidated investments in real estate including interests in corporations, partnerships and joint ventures. Disclosures may include summarized aggregate financial statements for the real estate investments. + References No definition available. + Details
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- Definition Tabular disclosure of information related to a disposal group. Includes, but is not limited to, a discontinued operation, disposal classified as held-for-sale or disposed of by means other than sale or disposal of an individually significant component. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 3A -URI http://asc.fasb.org/extlink&oid=109226691&loc=SL51724579-110230 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=109222650&loc=d3e1474-107760 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5D -URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721677-107760 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 45 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=109222160&loc=SL51721533-107759 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 3A -URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721659-107760 Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 4B -URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721665-107760 Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=109226691&loc=d3e2941-110230 Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5C -URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721675-107760 Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721683-107760 Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=109222650&loc=d3e1361-107760 Reference 11: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5A -URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721671-107760 Reference 12: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5B -URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721673-107760 Reference 13: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 4A -URI http://asc.fasb.org/extlink&oid=109222650&loc=SL51721663-107760 + Details
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