Annual report pursuant to Section 13 and 15(d)

Segment Information - Financial Information by Segment (Details)

v3.19.3.a.u2
Segment Information - Financial Information by Segment (Details) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2019
Sep. 30, 2019
Jun. 30, 2019
Mar. 31, 2019
Dec. 31, 2018
Sep. 30, 2018
Jun. 30, 2018
Mar. 31, 2018
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Segment Reconciliation [Abstract]                      
Real estate rental revenue $ 80,667 $ 80,259 $ 76,820 $ 71,434 $ 71,740 $ 71,001 $ 75,344 $ 73,645 $ 309,180 $ 291,730 $ 280,281
Real estate expenses                 115,580 105,592 105,400
Net operating income                 193,600 186,138 174,881
Depreciation and amortization                 (136,253) (111,826) (101,430)
General and administrative                 (24,370) (22,089) (22,580)
Lease origination expenses                 (1,698) 0 0
Interest expense                 (53,734) (50,501) (46,793)
Real estate impairment       (8,400)       (1,900) (8,374) (1,886) (33,152)
Other income                 0 0 507
Gain on sale of real estate 61,000   (1,000)       2,500   59,961 2,495 24,915
Loss on extinguishment of debt                 0 (1,178) 0
Income tax benefit                 0 0 84
Income from operations of properties sold or held for sale                 16,158 24,477 23,180
Gain on sale of real estate   339,000             339,024 0 0
Loss on extinguishment of debt                 (764) 0 0
Net income 54,198 332,770 987 (4,405) 5,688 5,893 10,750 3,299 383,550 25,630 19,612
Net loss attributable to noncontrolling interests                 0 0 56
Net income attributable to the controlling interests 54,198 $ 332,770 $ 987 $ (4,405) 5,688 $ 5,893 $ 10,750 $ 3,299 383,550 25,630 19,668
Capital expenditures                 68,947 72,033 64,381
Total assets 2,628,328       2,417,104       2,628,328 2,417,104 2,359,426
Reportable segments | Office                      
Segment Reconciliation [Abstract]                      
Real estate rental revenue                 164,059 178,474 167,438
Real estate expenses                 60,923 63,321 62,824
Net operating income                 103,136 115,153 104,614
Capital expenditures                 38,634 42,019 30,407
Total assets 1,134,147       1,248,673       1,134,147 1,248,673 1,203,187
Reportable segments | Multifamily                      
Segment Reconciliation [Abstract]                      
Real estate rental revenue                 126,131 95,194 95,250
Real estate expenses                 49,135 37,235 37,640
Net operating income                 76,996 57,959 57,610
Capital expenditures                 25,779 25,117 27,980
Total assets 1,340,634       792,170       1,340,634 792,170 767,279
Corporate and other                      
Segment Reconciliation [Abstract]                      
Real estate rental revenue                 18,990 18,062 17,593
Real estate expenses                 5,522 5,036 4,936
Net operating income                 13,468 13,026 12,657
Capital expenditures                 4,534 4,897 5,994
Total assets $ 153,547       $ 376,261       $ 153,547 $ 376,261 $ 388,960