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Segment Reporting (Tables)

12 Months Ended

Dec. 31, 2020

Segment Reporting [Abstract]

Schedule of Segment Information

The table below presents the operating activity of our reportable segments:

						Year Ended December 31,
						2020						2019						2018
Office segment
Total office revenues						$	735,919					$	733,735					$	652,517
Office expenses						(262,199)						(256,209)						(226,820)
Office segment profit						473,720						477,526						425,697
Studio segment
Total studio revenues						69,046						84,447						75,901
Studio expenses						(37,580)						(45,313)						(40,890)
Studio segment profit						31,466						39,134						35,011
TOTAL SEGMENT PROFIT						$	505,186					$	516,660					$	460,708
Total segment revenues						$	804,965					$	818,182					$	728,418
Total segment expenses						(299,779)						(301,522)						(267,710)
TOTAL SEGMENT PROFIT						$	505,186					$	516,660					$	460,708

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

						Year Ended December 31,
						2020						2019						2018
Total profit from all segments						$	505,186					$	516,660					$	460,708
General and administrative						(77,882)						(71,947)						(61,027)
Depreciation and amortization						(299,682)						(282,088)						(251,003)
Income (loss) from unconsolidated real estate entities						736						(747)						—
Fee income						2,815						1,459						—
Interest expense						(116,477)						(105,845)						(83,167)
Interest income						4,089						4,044						1,718
Transaction-related expenses						(440)						(667)						(535)
Unrealized (loss) gain on non-real estate investments						(2,463)						—						928
Gains on sale of real estate						—						47,100						43,337
Impairment loss						—						(52,201)						—
Other income						548						78						822
NET INCOME			i			$	16,430					$	55,846					$	111,781

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- 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=120311839&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=120311839&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=121556970&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 30
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8906-108599

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- References

No definition available.

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