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Segment Reporting (Tables)

12 Months Ended

Dec. 31, 2021

Segment Reporting [Abstract]

Schedule of Segment Information

The table below presents the operating activity of the Company’s reportable segments:

			Year Ended December 31,
			2021						2020						2019
Office segment
Office revenues			$	795,370					$	735,919					$	733,735
Office expenses			(280,334)						(262,199)						(256,209)
Office segment profit			515,036						473,720						477,526
Studio segment
Studio revenues			101,465						69,046						84,447
Studio expenses			(55,513)						(37,580)						(45,313)
Studio segment profit			45,952						31,466						39,134
TOTAL SEGMENT PROFIT			$	560,988					$	505,186					$	516,660
Segment revenues			$	896,835					$	804,965					$	818,182
Segment expenses			(335,847)						(299,779)						(301,522)
TOTAL SEGMENT PROFIT			$	560,988					$	505,186					$	516,660

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

			Year Ended December 31,
			2021						2020						2019
NET INCOME			$	29,012					$	16,430					$	55,846
General and administrative			71,346						77,882						71,947
Depreciation and amortization			343,614						299,682						282,088
(Income) loss from unconsolidated real estate entities			(1,822)						(736)						747
Fee income			(3,221)						(2,815)						(1,459)
Interest expense			121,939						113,823						105,101
Interest income			(3,794)						(4,089)						(4,044)
Management services reimbursement income—unconsolidated real estate entities			(1,132)						—						—
Management services expense—unconsolidated real estate entities			1,132						—						—
Transaction-related expenses			8,911						440						667
Unrealized (gain) loss on non-real estate investments			(16,571)						2,463						—
Gains on sale of real estate			—						—						(47,100)
Impairment loss			2,762						—						52,201
Loss on extinguishment of debt			6,259						2,654						744
Other (income) expense			2,553						(548)						(78)
TOTAL PROFIT FROM ALL SEGMENTS			$	560,988					$	505,186					$	516,660

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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=123359005&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=123359005&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=123359005&loc=d3e8906-108599

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- References

No definition available.

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