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Segment Reporting (Tables)

3 Months Ended

Mar. 31, 2022

Segment Reporting [Abstract]

Schedule of Segment Information

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

			Three Months Ended March 31,
			2022						2021
Office segment
Office revenues			$	211,400					$	192,143
Office expenses			(73,631)						(66,562)
Office segment profit			137,769						125,581
Studio segment
Studio revenues			33,113						20,976
Studio expenses			(18,983)						(11,453)
Studio segment profit			14,130						9,523
TOTAL SEGMENT PROFIT			$	151,899					$	135,104
Segment revenues			$	244,513					$	213,119
Segment expenses			(92,614)						(78,015)
TOTAL SEGMENT PROFIT			$	151,899					$	135,104

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

			Three Months Ended March 31,
			2022						2021
NET (LOSS) INCOME			$	(7,615)					$	11,411
General and administrative			20,512						18,449
Depreciation and amortization			92,193						82,761
Income from unconsolidated real estate entities			(303)						(635)
Fee income			(1,071)						(848)
Interest expense			30,836						30,286
Interest income			(910)						(997)
Management services reimbursement income—unconsolidated real estate entities			(1,108)						—
Management services expense—unconsolidated real estate entities			1,108						—
Transaction-related expenses			256						—
Unrealized gain on non-real estate investments			(1,650)						(5,775)
Impairment loss			20,503						—
Other (income) expense			(852)						452
TOTAL PROFIT FROM ALL SEGMENTS			$	151,899					$	135,104

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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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