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Investment in Real Estate (Tables) | 12 Months Ended
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Dec. 31, 2024
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, 2024 |  | December 31, 2023
Land | $ | 1,235,974 |  |  | $ | 1,220,339 |
Building and improvements | 6,101,787 |  |  | 5,969,364 |
Tenant and leasehold improvements | 728,186 |  |  | 818,653 |
Furniture and fixtures | 5,895 |  |  | 8,609 |
Property under development | 161,444 |  |  | 195,931 |
INVESTMENT IN REAL ESTATE, AT COST | $ | 8,233,286 |  |  | $ | 8,212,896 |
Schedule of Real Estate Dispositions | The following table summarizes information on dispositions completed during the years ended December 31, 2024 and 2023:
Property |  | Segment |  | Date of Disposition |  | Square Feet (unaudited) |  | Sales Price(1) (in millions) |  | (Loss) Gain on Sale(2) (in millions)
2024 Dispositions |  |  |  |  |  |  |  |  |  |
3176 Porter |  | Office |  | 12/10/2024 |  | 46,759 |  |  | $ | 24.8 |  |  | $ | (2.2) |
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 2023 Dispositions |  |  |  |  |  |  |  | $ | 918.0 |  |  | $ | 103.2 |
_____________ 1.Represents gross sales price before certain credits, prorations and closing costs. 2.Included within (loss) gain on sale of real estate on the Consolidated Statements 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, 2024:
| Foothill Research Center |  | Maxwell
ASSETS |  |  |
Investment in real estate, net | $ | 31,387 |  |  | $ | 41,210 |
Straight-line rent receivables, net | 386 |  |  | 2,206 |
Deferred leasing costs and intangible assets, net | 1,328 |  |  | 528 |
Operating lease right-of-use asset | 5,890 |  |  | — |
Prepaid expenses and other assets, net | 102 |  |  | 76 |
ASSETS ASSOCIATED WITH REAL ESTATE HELD FOR SALE | $ | 39,093 |  |  | $ | 44,020 |
LIABILITIES |  |  |
Accounts payable, accrued liabilities and other | $ | 13,201 |  |  | $ | 195 |
Operating lease liabilities | 15,827 |  |  | — |
Intangible liabilities, net | 228 |  |  | — |
Security deposits and prepaid rent | 1,539 |  |  | 127 |
LIABILITIES ASSOCIATED WITH REAL ESTATE HELD FOR SALE | $ | 30,795 |  |  | $ | 322 |

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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 nonconsolidated investments in real estate including interests in corporations, partnerships and joint ventures. Disclosures may include summarized aggregate financial statements for the real estate investments. + References No definition available. + 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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