XML 81 R54.htm IDEA: XBRL DOCUMENT v3.24.0.1
Real Estate (Narrative) (Details)
$ in Thousands
1 Months Ended 12 Months Ended
Dec. 14, 2023
USD ($)
ft²
a
buildings
Dec. 31, 2023
USD ($)
ft²
Real_Estate_Properties
Dec. 31, 2023
USD ($)
ft²
Real_Estate_Properties
Dec. 31, 2022
USD ($)
Dec. 31, 2021
USD ($)
Dec. 13, 2023
USD ($)
Nov. 30, 2023
ft²
Nov. 13, 2023
Oct. 05, 2023
ft²
Sep. 26, 2023
ft²
Jul. 20, 2023
ft²
Jun. 01, 2023
ft²
Apr. 29, 2023
ft²
Jan. 30, 2023
ft²
Jan. 05, 2023
ft²
Real Estate Properties [Line Items]                              
Total revenue     $ 3,273,569 $ 3,108,581 $ 2,888,621                    
Net Income (Loss) Attributable to Parent     190,215 848,947 505,195                    
Depreciation and amortization     830,813 749,775 $ 717,336                    
Carying value of the Company's investment in unconsolidated joint ventures   $ 1,377,319 $ 1,377,319 $ 1,715,911                      
Santa Monica Business Park [Member]                              
Real Estate Properties [Line Items]                              
Ownership Percentage [1]       55.00%                      
Carying value of the Company's investment in unconsolidated joint ventures [2]       $ 164,735                      
Joint Venture Partner [Member] | Santa Monica Business Park [Member]                              
Real Estate Properties [Line Items]                              
Ownership Percentage 45.00%                            
Construction in Progress                              
Real Estate Properties [Line Items]                              
Net Rentable Area (in sf) | ft²   2,700,000 2,700,000                        
Number of real estate properties | Real_Estate_Properties   10 10                        
Santa Monica Business Park [Member]                              
Real Estate Properties [Line Items]                              
Land Subject to Ground Leases | a 47                            
Net Rentable Area (in sf) | ft² 1,200,000                            
Number of real estate properties | buildings 21                            
Lessee, Finance Lease, Remaining Lease Term 75 years                            
Payments to Acquire Investments $ 38,000                            
Net Working Capital, Including Cash Acquired from Acquisition 20,000                            
Gain (loss) on sale / consolidation $ 29,900                            
Total revenue   $ 3,900                          
Net Income (Loss) Attributable to Parent   $ (900)                          
Land subject to ground lease, percentage 70.00%                            
Santa Monica Business Park [Member] | Santa Monica Business Park [Member]                              
Real Estate Properties [Line Items]                              
Gain (loss) on sale / consolidation $ 29,900                            
Santa Monica Business Park [Member] | Mortgages [Member]                              
Real Estate Properties [Line Items]                              
Debt $ 300,000                            
Santa Monica Business Park [Member] | Company's Share [Member]                              
Real Estate Properties [Line Items]                              
Carying value of the Company's investment in unconsolidated joint ventures           $ 149,900                  
290 Binney | Construction in Progress                              
Real Estate Properties [Line Items]                              
Net Rentable Area (in sf) | ft²                             566,000
Leased percentage                             100.00%
300 Binney Street                              
Real Estate Properties [Line Items]                              
Net Rentable Area (in sf) | ft²                           195,000  
Depreciation and amortization     $ 11,000                        
300 Binney Street | Noncontrolling Interest [Member]                              
Real Estate Properties [Line Items]                              
Noncontrolling Interest, Ownership Percentage by Noncontrolling Owners               45.00%              
300 Binney Street | Construction in Progress                              
Real Estate Properties [Line Items]                              
Net Rentable Area (in sf) | ft²                           236,000  
Leased percentage                           100.00%  
2100 Pennsylvania Avenue                              
Real Estate Properties [Line Items]                              
Net Rentable Area (in sf) | ft²                         476,000    
View Boston                              
Real Estate Properties [Line Items]                              
Net Rentable Area (in sf) | ft²                       63,000      
140 Kendrick Street - Building A                              
Real Estate Properties [Line Items]                              
Net Rentable Area (in sf) | ft²                     104,000        
180 CityPoint [Member]                              
Real Estate Properties [Line Items]                              
Net Rentable Area (in sf) | ft²                   329,000          
103 CityPoint                              
Real Estate Properties [Line Items]                              
Net Rentable Area (in sf) | ft²                 113,000            
105 Carnegie Center                              
Real Estate Properties [Line Items]                              
Net Rentable Area (in sf) | ft²             70,000                
105 Carnegie Center | Future construction                              
Real Estate Properties [Line Items]                              
Net Rentable Area (in sf) | ft²             73,000                
[1] During the year ended December 31, 2023, the Company completed the acquisition of its joint venture partner’s 45% ownership interest in Santa Monica Business Park, as described below in this Note 6 and Note 3.
[2] Investments with deficit balances aggregating approximately $39.9 million and $85.4 million at December 31, 2023 and December 31, 2022, respectively, are included within Other Liabilities in the Company’s Consolidated Balance Sheets.