Segment Reporting (Tables)

3 Months Ended

Mar. 31, 2019

Segment Reporting [Abstract]

Summary of Operating Activity of Reportable Segments

The table below presents the operating activity of our reportable segments:

(In thousands)	Three Months Ended March 31,
	2019			2018
Office Segment
Total office revenues	$	197,290		$	187,333
Office expenses	(63,449		)	(60,356		)
Office segment profit	133,841			126,977
Multifamily Segment
Total multifamily revenues	26,896			24,914
Multifamily expenses	(7,555		)	(6,698		)
Multifamily segment profit	19,341			18,216
Total profit from all segments	$	153,182		$	145,193

Reconciliation of Segment Profit to Net Income Attributable to Common Stockholders

The table below presents a reconciliation of the total profit from all segments to net income attributable to common stockholders:

(In thousands)	Three Months Ended March 31,
	2019			2018
Total profit from all segments	$	153,182		$	145,193
General and administrative expenses	(9,832		)	(9,567		)
Depreciation and amortization	(79,873		)	(72,498		)
Other income	2,898			2,630
Other expenses	(1,845		)	(1,733		)
Income, including depreciation, from unconsolidated real estate funds	1,551			1,506
Interest expense	(33,293		)	(32,900		)
Net income	32,788			32,631
Less: Net income attributable to noncontrolling interests	(4,087		)	(4,425		)
Net income attributable to common stockholders	$	28,701		$	28,206