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Segment Reporting (Tables)
 12 Months Ended
Dec. 31, 2019
Segment Reporting [Abstract]  
Reconciliation of Revenue from Segments to Consolidated
The following table shows the revenues for each of the reportable segments, as well as a reconciliation to consolidated revenues, for the years ended December 31, 2019, 2018 and 2017 (in thousands):
 
2019
 
2018
 
2017
Revenues
 
 
 
 
 
Rental Operations:
 
 
 
 
 
Industrial
$
848,806

 
$
775,713

 
$
661,226

Non-Reportable Rental Operations
5,794

 
7,862

 
24,101

Service Operations
117,926

 
162,551

 
94,420

Total segment revenues
972,526

 
946,126

 
779,747

Other revenue
1,233

 
1,744

 
1,187

Consolidated revenue from continuing operations
973,759

 
947,870

 
780,934

Discontinued operations
—

 
117

 
87,185

Consolidated revenue
$
973,759

 
$
947,987

 
$
868,119
Schedule of Segment Reporting Information, by Segment [Table Text Block]
The following table shows a reconciliation of our segment-level measures of profitability to consolidated income from continuing operations before income taxes, for the years ended December 31, 2019, 2018 and 2017 (in thousands and excluding discontinued operations):
 
 
2019
 
2018
 
2017
PNOI
 
 
 
 
 
 
Industrial
 
$
599,416

 
$
526,627

 
$
439,404

Non-Reportable Rental Operations
 
3,811

 
5,276

 
4,887

PNOI, excluding all sold properties
 
603,227

 
531,903

 
444,291

PNOI from sold properties included in continuing operations
 
14,894

 
32,453

 
49,652

PNOI, continuing operations
 
618,121

 
564,356

 
493,943

 
 
 
 
 
 
 
Earnings from Service Operations
 
6,360

 
8,642

 
4,963

 
 
 
 
 
 
 
Rental Operations revenues and expenses excluded from PNOI:
Straight-line rental income and expense, net
 
21,573

 
24,604

 
15,520

Revenues related to lease buyouts
 
1,235

 
23

 
10,816

Amortization of lease concessions and above and below market rents
 
7,802

 
2,332

 
(3,667
)
Intercompany rents and other adjusting items
 
1,012

 
1,271

 
1,004

Non-Segment Items:
 
 
 
 
 
 
Equity in earnings of unconsolidated joint ventures
 
31,406

 
21,444

 
63,310

Promote income
 
—

 
—

 
20,007

Interest expense
 
(89,756
)
 
(85,006
)
 
(87,003
)
Depreciation and amortization expense
 
(327,223
)
 
(312,217
)
 
(273,561
)
Gain on sale of properties
 
234,653

 
204,988

 
113,669

Impairment charges
 
—

 
—

 
(4,481
)
Interest and other income, net
 
9,941

 
17,234

 
14,721

General and administrative expenses
 
(60,889
)
 
(56,218
)
 
(54,944
)
Gain on land sales
 
7,445

 
10,334

 
9,244

Other operating expenses
 
(5,318
)
 
(5,231
)
 
(4,212
)
Loss on extinguishment of debt
 
(6,320
)
 
(388
)
 
(26,104
)
Gain on involuntary conversion
 
2,259

 
—

 
—

Non-incremental costs related to successful leases
 
(12,402
)
 
—

 
—

Other non-segment revenues and expenses, net
 
986

 
(3,972
)
 
(2,990
)
Income from continuing operations before income taxes
 
$
440,885

 
$
392,196

 
$
290,235
Reportable Segments Consolidated Assets The assets for each of the reportable segments at December 31, 2019 and 2018 were as follows (in thousands):
 
December 31, 2019
 
December 31, 2018
Assets
 
 
 
Rental Operations:
 
 
 
Industrial
$
7,843,302

 
$
7,155,505

Non-Reportable Rental Operations
39,700

 
43,496

Service Operations
150,882

 
132,483

Total segment assets
8,033,884

 
7,331,484

Non-segment assets
386,678

 
472,540

Consolidated assets
$
8,420,562

 
$
7,804,024