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v3.25.1

Segment Reporting - Operating Activity of the Company’s Reportable Segments (Details) $ in Thousands | 3 Months Ended
--- | ---
Mar. 31, 2025 USD ($) segment | Mar. 31, 2024 USD ($)
Segment Reporting [Abstract] |  |
Number of reportable segments | segment | 2 |
Segment Reporting Information |  |
TOTAL REVENUES | $ 198,459 | $ 214,023
Office net operating income | 85,201 | 103,967
Office |  |
Segment Reporting Information |  |
TOTAL REVENUES | 165,211 | 175,075
Total core office expenses | (72,277) | (72,947)
Studio |  |
Segment Reporting Information |  |
TOTAL REVENUES | 33,248 | 38,948
Total core office expenses | (40,981) | (37,109)
Office net operating income | (7,733) | 1,839
Rent expense & real estate taxes | (13,761) | (8,369)
Cost of goods sold | (4,804) | (7,762)
Other segment expenses | (22,416) | (20,978)
Total studio expenses | (40,981) | (37,109)
Core office revenues | Office |  |
Segment Reporting Information |  |
TOTAL REVENUES | 162,168 | 171,967
Utilities | (6,065) | (6,071)
Taxes | (16,973) | (18,575)
Administrative | (7,590) | (7,267)
Insurance | (6,664) | (6,426)
Other Segment expenses | (31,942) | (31,500)
Total core office expenses | (69,234) | (69,839)
Office net operating income | $ 92,934 | $ 102,128

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