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Investment in Real Estate (Tables) | 12 Months Ended
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Dec. 31, 2023
Real Estate [Abstract] |
Schedule of Investment in Real Estate | The following table summarizes the Company’s investment in real estate, at cost as of:
| December 31, 2023 |  | December 31, 2022
Land | $ | 1,220,339 |  |  | $ | 1,397,714 |
Building and improvements | 5,969,364 |  |  | 6,273,655 |
Tenant and leasehold improvements | 818,653 |  |  | 868,193 |
Furniture and fixtures | 8,609 |  |  | 9,639 |
Property under development | 195,931 |  |  | 167,371 |
INVESTMENT IN REAL ESTATE, AT COST | $ | 8,212,896 |  |  | $ | 8,716,572 |
Schedule of Allocation of Acquisition Cost | The following table represents the Company’s final purchase price accounting for the asset acquisitions completed in 2022:
|  | Washington 1000 |  | Sunset Gower Studios Land |  | 5801 Bobby Foster Road
TOTAL ACQUISITION COST(1) |  | $ | 86,313 |  |  | $ | 22,156 |  |  | $ | 8,457 |
Relative fair value allocation |  |  |  |  |  |
Land |  | $ | 59,987 |  |  | $ | 22,156 |  |  | $ | 2,189 |
Building and improvements |  | 11,053 |  |  | — |  |  | 6,268 |
Parking easement(2) |  | 15,273 |  |  | — |  |  | — |
TOTAL |  | $ | 86,313 |  |  | $ | 22,156 |  |  | $ | 8,457 |
_____________ 1.Includes capitalized transaction-related expenses. 2.Parking easement has an indefinite useful life and is recorded in deferred leasing costs and intangible assets, net on the Consolidated Balance Sheet.
Schedule of Real Estate Dispositions | The following table summarizes information on dispositions completed during the years ended December 31, 2023 and 2022.
Property |  | Segment |  | Date of Disposition |  | Square Feet (unaudited) |  | Sales Price(1) (in millions) |  | Gain (Loss) on Sale(2) (in millions)
2023 Dispositions |  |  |  |  |  |  |  |  |  |
Skyway Landing |  | Office |  | 2/6/2023 |  | 246,997 |  |  | $ | 102.0 |  |  | $ | 7.0 |
604 Arizona |  | Office |  | 8/24/2023 |  | 44,260 |  |  | 32.5 |  |  | 10.3 |
3401 Exposition |  | Office |  | 8/25/2023 |  | 63,376 |  |  | 40.0 |  |  | 5.8 |
Cloud10 |  | Office |  | 11/21/2023 |  | 350,000 |  |  | 43.5 |  |  | 19.9 |
One Westside & Westside Two |  | Office |  | 12/27/2023 |  | 686,725 |  |  | 700.0 |  |  | 60.2 |
Total |  |  |  |  |  |  |  | $ | 918.0 |  |  | $ | 103.2 |
2022 Dispositions |  |  |  |  |  |  |  |  |  |
Del Amo |  | Office |  | 8/5/2022 |  | 113,000 |  |  | $ | 2.8 |  |  | $ | — |
Northview |  | Office |  | 8/30/2022 |  | 179,985 |  |  | 46.0 |  |  | (0.2) |
6922 Hollywood |  | Office |  | 10/20/2022 |  | 205,189 |  |  | 96.0 |  |  | (2.0) |
Total |  |  |  |  |  |  |  | $ | 144.8 |  |  | $ | (2.2) |
_____________ 1.Represents gross sales price before certain credits, prorations and closing costs. 2.Included within gain (loss) on sale of real estate on the Consolidated Statement of Operations.
Schedule of Held for Sale | The following table summarizes the components of assets and liabilities associated with real estate held for sale as of December 31, 2022:
ASSETS |  |
Investment in real estate, net |  | $ | 92,148 |
Accounts receivable, net |  | 112 |
Straight-line rent receivables, net |  | 460 |
Deferred leasing costs and intangible assets, net |  | 501 |
Prepaid expenses and other assets, net |  | 17 |
ASSETS ASSOCIATED WITH REAL ESTATE HELD FOR SALE |  | $ | 93,238 |
LIABILITIES |  |
Accounts payable, accrued liabilities and other |  | $ | 400 |
Security deposits and prepaid rent |  | 265 |
LIABILITIES ASSOCIATED WITH REAL ESTATE HELD FOR SALE |  | $ | 665 |

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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 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -SubTopic 10 -Topic 360 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482099/360-10-50-3 + Details
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- Definition Tabular disclosure of information related to a disposal group. Includes, but is not limited to, a discontinued operation, disposal classified as held-for-sale or disposed of by means other than sale or disposal of an individually significant component. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 3 -SubTopic 10 -Topic 360 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482099/360-10-50-3 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 205 -SubTopic 20 -Name Accounting Standards Codification -Section 45 -Paragraph 11 -Publisher FASB -URI https://asc.fasb.org//1943274/2147483475/205-20-45-11 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 205 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 3A -Publisher FASB -URI https://asc.fasb.org//1943274/2147483499/205-20-50-3A Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 205 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 4A -Publisher FASB -URI https://asc.fasb.org//1943274/2147483499/205-20-50-4A Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 205 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 4B -Publisher FASB -URI https://asc.fasb.org//1943274/2147483499/205-20-50-4B Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 205 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 5A -Publisher FASB -URI https://asc.fasb.org//1943274/2147483499/205-20-50-5A Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 205 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 5B -Publisher FASB -URI https://asc.fasb.org//1943274/2147483499/205-20-50-5B Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 205 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 5C -Publisher FASB -URI https://asc.fasb.org//1943274/2147483499/205-20-50-5C Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 205 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 5D -Publisher FASB -URI https://asc.fasb.org//1943274/2147483499/205-20-50-5D Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 205 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 7 -Publisher FASB -URI https://asc.fasb.org//1943274/2147483499/205-20-50-7 Reference 11: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 360 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3A -Publisher FASB -URI https://asc.fasb.org//1943274/2147482099/360-10-50-3A Reference 12: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 1 -SubTopic 20 -Topic 205 -Publisher FASB -URI https://asc.fasb.org//1943274/2147483499/205-20-50-1 Reference 13: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org//1943274/2147483499/205-20-50-3 + Details
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