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Segment Reporting (Tables)

12 Months Ended

Dec. 31, 2022

Segment Reporting [Abstract]

Schedule of Segment Information

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

			Year Ended December 31,
			2022						2021						2020
Office segment
Office revenues			$	852,700					$	795,370					$	735,919
Office expenses			(308,668)						(280,334)						(262,199)
Office segment profit			544,032						515,036						473,720
Studio segment
Studio revenues			173,524						101,465						69,046
Studio expenses			(105,150)						(55,513)						(37,580)
Studio segment profit			68,374						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,
			2022						2021						2020
NET (LOSS) INCOME			$	(16,517)					$	29,012					$	16,430
General and administrative			79,501						71,346						77,882
Depreciation and amortization			373,219						343,614						299,682
Income from unconsolidated real estate entities			(943)						(1,822)						(736)
Fee income			(7,972)						(3,221)						(2,815)
Interest expense			149,901						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 entities			4,163						1,132						—
Transaction-related expenses			14,356						8,911						440
Unrealized loss (gain) on non-real estate investments			1,440						(16,571)						2,463
Loss on sale of real estate			2,164						—						—
Impairment loss			28,548						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

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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 https://asc.fasb.org/extlink&oid=126901519&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 https://asc.fasb.org/extlink&oid=126901519&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 https://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 https://asc.fasb.org/extlink&oid=126901519&loc=d3e8906-108599

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- References

No definition available.

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