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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
REVENUES        
Revenues $ 200,393 $ 231,443 $ 632,416 $ 728,874
OPERATING EXPENSES        
Operating expenses 114,841 112,176 338,153 334,920
General and administrative 19,544 17,512 59,959 55,177
Depreciation and amortization 86,672 98,580 265,324 294,654
Total operating expenses 221,057 228,268 663,436 684,751
OTHER INCOME (EXPENSES)        
Loss from unconsolidated real estate entities (3,219) (759) (6,443) (2,219)
Fee income 1,437 340 3,933 5,026
Interest expense (45,005) (53,581) (133,253) (162,036)
Interest income 542 800 1,975 1,407
Management services reimbursement income—unconsolidated real estate entities 989 1,015 3,187 3,138
Management services expense—unconsolidated real estate entities (989) (1,015) (3,187) (3,138)
Transaction-related expenses (269) 0 (2,306) 1,344
Unrealized loss on non-real estate investments (1,081) (2,265) (3,024) (2,269)
Gain on extinguishment of debt 0 0 0 10,000
Gain on sale of real estate 0 16,108 0 23,154
Impairment loss (36,543) 0 (36,543) 0
Other (expense) income (28) 5 1,449 139
Total other expenses (84,166) (39,352) (174,212) (125,454)
Loss before income tax (provision) benefit (104,830) (36,177) (205,232) (81,331)
Income tax (provision) benefit (2,183) 425 (2,693) (715)
Net loss (107,013) (35,752) (207,925) (82,046)
Net income attributable to participating securities 0 0 (409) (850)
Net loss attributable to non-controlling interest in consolidated real estate entities 10,777 1,752 18,697 375
Net loss attributable to redeemable non-controlling interest in consolidated real estate entities 968 931 3,086 2,333
Net loss attributable to common units in the operating partnership 2,550 672 5,004 1,600
NET LOSS ATTRIBUTABLE TO COMMON STOCKHOLDERS $ (97,918) $ (37,597) $ (197,147) $ (94,188)
BASIC AND DILUTED PER SHARE AMOUNTS        
Net loss attributable to common stockholders—basic (in dollars per share) $ (0.69) $ (0.27) $ (1.40) $ (0.67)
Net loss attributable to common stockholders—diluted (in dollars per share) $ (0.69) $ (0.27) $ (1.40) $ (0.67)
Weighted average shares of common stock outstanding—basic (in shares) 141,232,361 140,937,702 141,178,912 140,957,170
Weighted average shares of common stock outstanding—diluted (in shares) 141,232,361 140,937,702 141,178,912 140,957,170
Series A preferred units        
OTHER INCOME (EXPENSES)        
Net income attributable to preferred shares $ (153) $ (153) $ (459) $ (459)
Series C preferred stock        
OTHER INCOME (EXPENSES)        
Net income attributable to preferred shares (5,047) (5,047) (15,141) (15,141)
Office        
REVENUES        
Rental revenues 162,908 199,633 506,931 605,776
Service and other revenues 4,034 3,954 11,125 11,735
Revenues 166,942 203,587 518,056 617,511
OPERATING EXPENSES        
Operating expenses 79,502 80,521 227,753 231,342
Studio        
REVENUES        
Rental revenues 13,720 13,482 41,761 46,109
Service and other revenues 19,731 14,374 72,599 65,254
Revenues 33,451 27,856 114,360 111,363
OPERATING EXPENSES        
Operating expenses $ 35,339 $ 31,655 $ 110,400 $ 103,578