Investments in Properties (Tables)

9 Months Ended

Sep. 30, 2023

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, 2023		As of December 31, 2022
Land	$	1,064,058	$	1,061,408
Acquired ground lease		87		6,006
Buildings and improvements		23,998,641		24,287,103
Tenant improvements		824,244		781,540
		25,887,030		26,136,057
Accumulated depreciation and amortization		(7,489,193)		(7,268,981)
Investments in operating properties, net		18,397,837		18,867,076
Construction in progress and space held for development		5,020,464		4,789,134
Land held for future development		179,959		118,452
Investments in properties, net	$	23,598,260	$	23,774,662