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Investment in Real Estate (Tables) | 3 Months Ended
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Mar. 31, 2022
Real Estate [Abstract] |
Investment in Real Estate | The following table summarizes the Company’s investment in real estate, at cost as of:
| March 31, 2022 |  | December 31, 2021
Land | $ | 1,313,385 |  |  | $ | 1,313,385 |
Building and improvements | 6,259,913 |  |  | 6,241,254 |
Tenant improvements | 811,870 |  |  | 786,991 |
Furniture and fixtures | 14,043 |  |  | 14,020 |
Property under development | 6,061 |  |  | 5,827 |
INVESTMENT IN REAL ESTATE, AT COST | $ | 8,405,272 |  |  | $ | 8,361,477 |
Held For Sale | The following table summarizes information on properties held for sale as of March 31, 2022 and December 31, 2021:
Property |  | Segment |  | Submarket |  | Square Feet
Northview Center |  | Office |  | Lynnwood |  | 179,985 |
Skyway Landing |  | Office |  | Redwood Shores |  | 246,997 |
Del Amo |  | Office |  | Torrance |  | 113,000 |
6922 Hollywood |  | Office |  | Hollywood |  | 205,189 |
TOTAL HELD FOR SALE |  |  |  |  |  | 745,171 |
The following table summarizes the components of assets and liabilities associated with real estate held for sale as of March 31, 2022:
|  | Northview Center |  | Skyway Landing |  | Del Amo |  | 6922 Hollywood
ASSETS |  |  |  |  |  |  |  |
Investment in real estate, net |  | $ | 40,452 |  |  | $ | 89,891 |  |  | $ | 5,108 |  |  | $ | 91,337 |
Accounts receivable, net |  | — |  |  | 972 |  |  | — |  |  | 166 |
Straight-line rent receivables, net |  | 1,031 |  |  | 1,047 |  |  | — |  |  | 4,629 |
Deferred leasing costs and intangible assets, net |  | 845 |  |  | 459 |  |  | 844 |  |  | 2,063 |
Prepaid expenses and other assets, net |  | 14 |  |  | 35 |  |  | 8 |  |  | 119 |
ASSETS ASSOCIATED WITH REAL ESTATE HELD FOR SALE |  | $ | 42,342 |  |  | $ | 92,404 |  |  | $ | 5,960 |  |  | $ | 98,314 |
LIABILITIES |  |  |  |  |  |  |  |
Accounts payable, accrued liabilities and other |  | $ | 118 |  |  | $ | — |  |  | $ | 106 |  |  | $ | 1,270 |
Intangible liabilities, net |  | — |  |  | — |  |  | — |  |  | 96 |
Security deposits and prepaid rent |  | 435 |  |  | 2,719 |  |  | — |  |  | 370 |
LIABILITIES ASSOCIATED WITH REAL ESTATE HELD FOR SALE |  | $ | 553 |  |  | $ | 2,719 |  |  | $ | 106 |  |  | $ | 1,736 |
The following table summarizes the components of assets and liabilities associated with real estate held for sale as of December 31, 2021:
|  | Northview Center |  | Skyway Landing |  | Del Amo |  | 6922 Hollywood
ASSETS |  |  |  |  |  |  |  |
Investment in real estate, net |  | $ | 40,338 |  |  | $ | 89,873 |  |  | $ | 15,213 |  |  | $ | 91,353 |
Accounts receivable, net |  | 95 |  |  | 142 |  |  | — |  |  | 103 |
Straight-line rent receivables, net |  | 901 |  |  | 1,659 |  |  | — |  |  | 4,714 |
Deferred leasing costs and intangible assets, net |  | 751 |  |  | 450 |  |  | 2,742 |  |  | 1,999 |
Prepaid expenses and other assets, net |  | — |  |  | — |  |  | — |  |  | 187 |
ASSETS ASSOCIATED WITH REAL ESTATE HELD FOR SALE |  | $ | 42,085 |  |  | $ | 92,124 |  |  | $ | 17,955 |  |  | $ | 98,356 |
LIABILITIES |  |  |  |  |  |  |  |
Accounts payable, accrued liabilities and other |  | $ | 184 |  |  | $ | 273 |  |  | $ | 12 |  |  | $ | 1,372 |
Intangible liabilities, net |  | — |  |  | — |  |  | — |  |  | 96 |
Security deposits and prepaid rent |  | 395 |  |  | 1,205 |  |  | — |  |  | 361 |
LIABILITIES ASSOCIATED WITH REAL ESTATE HELD FOR SALE |  | $ | 579 |  |  | $ | 1,478 |  |  | $ | 12 |  |  | $ | 1,829 |

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- Definition Tabular disclosure of long lived assets held for sale. Disclosure may include the description of the facts and circumstances leading to the expected disposal, manner and timing of disposal, the carrying value of the assets held for sale, the gain (loss) recognized in the income statement and the income statement caption that includes that gain (loss). + References Reference 1: 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 + Details
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- References No definition available. + Details
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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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