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Segment Reporting
 12 Months Ended
Dec. 31, 2022
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 reportable segments: (i) office properties and related operations and (ii) studio properties and related operations. The Company evaluates performance based upon net operating income of the segment operations. 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:
Year Ended December 31,
202220212020
Office segment
Office revenues$852,700 $795,370 $735,919 
Office expenses(308,668)(280,334)(262,199)
Office segment profit544,032 515,036 473,720 
Studio segment
Studio revenues173,524 101,465 69,046 
Studio expenses(105,150)(55,513)(37,580)
Studio segment profit68,374 45,952 31,466 
TOTAL SEGMENT PROFIT$612,406 $560,988 $505,186 
Segment revenues$1,026,224 $896,835 $804,965 
Segment expenses(413,818)(335,847)(299,779)
TOTAL SEGMENT PROFIT$612,406 $560,988 $505,186 
The table below is a reconciliation of net (loss) income to total profit from all segments:
Year Ended December 31,
202220212020
NET (LOSS) INCOME$(16,517)$29,012 $16,430 
General and administrative79,501 71,346 77,882 
Depreciation and amortization373,219 343,614 299,682 
Income from unconsolidated real estate entities(943)(1,822)(736)
Fee income(7,972)(3,221)(2,815)
Interest expense149,901 121,939 113,823 
Interest income(2,340)(3,794)(4,089)
Management services reimbursement income—unconsolidated real estate entities(4,163)(1,132)— 
Management services expense—unconsolidated real estate entities4,163 1,132 — 
Transaction-related expenses14,356 8,911 440 
Unrealized loss (gain) on non-real estate investments1,440 (16,571)2,463 
Loss on sale of real estate2,164 — — 
Impairment loss28,548 2,762 — 
Loss on extinguishment of debt— 6,259 2,654 
Other (income) expense(8,951)2,553 (548)
TOTAL PROFIT FROM ALL SEGMENTS$612,406 $560,988 $505,186