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Segment Reporting
6 Months Ended
Jun. 30, 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 June 30,Six Months Ended June 30,
2021202020212020
Office segment
Office revenues$195,703 $184,308 $387,846 $370,735 
Office expenses(69,111)(64,611)(135,673)(128,471)
Office segment profit126,592 119,697 252,173 242,264 
Studio segment
Studio revenues19,899 14,302 40,875 34,102 
Studio expenses(12,466)(7,951)(23,919)(18,601)
Studio segment profit7,433 6,351 16,956 15,501 
TOTAL SEGMENT PROFIT$134,025 $126,048 $269,129 $257,765 
Segment revenues$215,602 $198,610 $428,721 $404,837 
Segment expenses(81,577)(72,562)(159,592)(147,072)
TOTAL SEGMENT PROFIT$134,025 $126,048 $269,129 $257,765 

The table below is a reconciliation of the total profit from all segments to net income attributable to common stockholders:
Three Months Ended June 30,Six Months Ended June 30,
2021202020212020
NET INCOME$7,030 $7,011 $18,441 $20,960 
General and administrative17,109 17,897 35,558 36,515 
Depreciation and amortization84,178 73,516 166,939 147,279 
Income from unconsolidated real estate entities(470)(410)(1,105)(174)
Fee income(797)(556)(1,645)(1,166)
Interest expense30,689 27,930 60,975 54,347 
Interest income(937)(1,048)(1,934)(2,073)
Management services reimbursement income—unconsolidated real estate entities(626)— (626)— 
Management services expense—unconsolidated real estate entities626 — 626 — 
Transaction-related expenses1,064 157 1,064 259 
Unrealized (gain) loss on non-real estate investments(5,018)2,267 (10,793)2,848 
Other expense (income)1,177 (716)1,629 (1,030)
TOTAL PROFIT FROM ALL SEGMENTS$134,025 $126,048 $269,129 $257,765