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Segment Reporting
 12 Months Ended
Dec. 31, 2023
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,
202320222021
Office segment
Office revenues$812,375 $852,700 $795,370 
Office expenses(312,018)(308,668)(280,334)
Office segment profit500,357 544,032 515,036 
Studio segment
Studio revenues139,922 173,524 101,465 
Studio expenses(138,447)(105,150)(55,513)
Studio segment profit1,475 68,374 45,952 
TOTAL SEGMENT PROFIT$501,832 $612,406 $560,988 
Segment revenues$952,297 $1,026,224 $896,835 
Segment expenses(450,465)(413,818)(335,847)
TOTAL SEGMENT PROFIT$501,832 $612,406 $560,988 

The table below is a reconciliation of net (loss) income to total profit from all segments:
Year Ended December 31,
202320222021
NET (LOSS) INCOME$(170,700)$(16,517)$29,012 
General and administrative74,958 79,501 71,346 
Depreciation and amortization397,846 373,219 343,614 
Loss (income) from unconsolidated real estate entities3,902 (943)(1,822)
Fee income(6,181)(7,972)(3,221)
Interest expense214,415 149,901 121,939 
Interest income(2,182)(2,340)(3,794)
Management services reimbursement income—unconsolidated real estate entities(4,125)(4,163)(1,132)
Management services expense—unconsolidated real estate entities4,125 4,163 1,132 
Transaction-related expenses(1,150)14,356 8,911 
Unrealized loss (gain) on non-real estate investments3,120 1,440 (16,571)
(Gain) loss on sale of real estate(103,202)2,164 — 
Impairment loss60,158 28,548 2,762 
(Gain) loss on extinguishment of debt(10,000)— 6,259 
Other expense (income)6 (8,951)2,553 
Loss on sale of bonds34,046 — — 
Income tax provision$6,796 $— $— 
TOTAL PROFIT FROM ALL SEGMENTS$501,832 $612,406 $560,988