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Investments in Properties (Tables)
9 Months Ended
Sep. 30, 2022
Investments in Properties  
Schedule of Investments in Properties

A summary of our investments in properties is below (in thousands):

Property Type

As of September 30, 2022

As of December 31, 2021

Land

$

1,004,328

$

1,019,723

Acquired ground lease

5,552

6,721

Buildings and improvements

23,113,155

21,914,091

Tenant improvements

753,565

684,915

24,876,600

23,625,450

Accumulated depreciation and amortization

(6,826,918)

(6,210,281)

Investments in operating properties, net

18,049,682

17,415,169

Construction in progress and space held for development

4,222,142

3,213,389

Land held for future development

34,713

133,683

Investments in properties, net

$

22,306,537

$

20,762,241