Quarterly report pursuant to Section 13 or 15(d)

Segment Information (Tables)

v3.8.0.1
Segment Information (Tables)
3 Months Ended
Mar. 31, 2018
Segment Reporting [Abstract]  
Reconciliation of Net Operating Income of Reportable Segments
The following tables present revenues, net operating income, capital expenditures and total assets for the three months ended March 31, 2018 and 2017 from these segments, and reconcile net operating income of reportable segments to net income attributable to the controlling interests as reported (in thousands):
 
Three Months Ended March 31, 2018
 
Office
 
Retail
 
Multifamily
 
Corporate and Other
 
Consolidated
Real estate rental revenue
$
45,547

 
$
15,671

 
$
23,663

 
$

 
$
84,881

Real estate expenses
16,302

 
4,160

 
9,439

 

 
29,901

Net operating income
$
29,245

 
$
11,511

 
$
14,224

 
$

 
$
54,980

Depreciation and amortization
 
 
 
 
 
 
 
 
(29,969
)
General and administrative
 
 
 
 
 
 
 
 
(5,821
)
Interest expense
 
 
 
 
 
 
 
 
(12,827
)
Real estate impairment
 
 
 
 
 
 
 
 
(1,886
)
Loss on extinguishment of debt
 
 
 
 
 
 
 
 
(1,178
)
Net income
 
 
 
 
 
 
 
 
3,299

Less: Net loss attributable to noncontrolling interests in subsidiaries
 
 
 
 
 
 
 
 

Net income attributable to the controlling interests
 
 
 
 
 
 
 
 
$
3,299

Capital expenditures
$
4,945

 
$
475

 
$
2,425

 
$
172

 
$
8,017

Total assets
$
1,361,880

 
$
344,904

 
$
769,643

 
$
41,868

 
$
2,518,295

 
Three Months Ended March 31, 2017
 
Office
 
Retail
 
Multifamily
 
Corporate
and Other
 
Consolidated
Real estate rental revenue
$
38,027

 
$
15,705

 
$
23,769

 
$

 
$
77,501

Real estate expenses
14,414

 
3,863

 
9,586

 

 
27,863

Net operating income
$
23,613

 
$
11,842

 
$
14,183

 
$

 
$
49,638

Depreciation and amortization
 
 
 
 
 
 
 
 
(26,069
)
General and administrative
 
 
 
 
 
 
 
 
(5,626
)
Interest expense
 
 
 
 
 
 
 
 
(11,405
)
Other income
 
 
 
 
 
 
 
 
77

Net income
 
 
 
 
 
 
 
 
6,615

Less: Net loss attributable to noncontrolling interests in subsidiaries
 
 
 
 
 
 
 
 
19

Net income attributable to the controlling interests
 
 
 
 
 
 
 
 
$
6,634

Capital expenditures
$
4,955

 
$
184

 
$
6,297

 
$
575

 
$
12,011

Total assets
$
1,097,256

 
$
348,221

 
$
764,732

 
$
43,900

 
$
2,254,109