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Segment Reporting
 3 Months Ended
Mar. 31, 2021
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 the Company’s 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 March 31,
20212020
Office segment
Office revenues$192,143 $186,427 
Office expenses(66,562)(63,860)
Office segment profit125,581 122,567 
Studio segment
Studio revenues20,976 19,800 
Studio expenses(11,453)(10,650)
Studio segment profit9,523 9,150 
TOTAL SEGMENT PROFIT$135,104 $131,717 
Segment revenues$213,119 $206,227 
Segment expenses(78,015)(74,510)
TOTAL SEGMENT PROFIT$135,104 $131,717 
The table below is a reconciliation of the total profit from all segments to net income attributable to common stockholders:

Three Months Ended March 31
20212020
NET INCOME$11,411 $13,949 
General and administrative18,449 18,618 
Depreciation and amortization82,761 73,763 
(Income) loss from unconsolidated real estate entities(635)236 
Fee income(848)(610)
Interest expense30,286 26,417 
Interest income(997)(1,025)
Transaction-related expenses— 102 
Unrealized (gain) loss on non-real estate investments(5,775)581 
Other expense (income)452 (314)
TOTAL PROFIT FROM ALL SEGMENTS$135,104 $131,717