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Segment Reporting
 9 Months Ended
Sep. 30, 2020
Segment Reporting [Abstract]  
Segment Reporting Segment Reporting
Segment information is prepared on the same basis that our management reviews information for operational decision-making purposes.  We operate in two business segments: (i) the acquisition, development, ownership and management of office real estate and (ii) the acquisition, development, ownership and management of multifamily real estate.  The services for our office segment primarily include rental of office space and other tenant services, including parking and storage space rental.  The services for our multifamily segment include rental of apartments and other tenant services, including parking and storage space rental. Asset information by segment is not reported because we do not use this measure to assess performance or make decisions to allocate resources.  Therefore, depreciation and amortization expense is not allocated among segments.  General and administrative expenses and interest expense are not included in segment profit as our internal reporting addresses these items on a corporate level. The table below presents the operating activity of our reportable segments:

(In thousands)Three Months Ended September 30,Nine Months Ended September 30,
2020201920202019
Office Segment
Total office revenues$188,895 $205,900 $585,773 $605,379 
Office expenses(68,956)(68,754)(198,921)(196,511)
Office segment profit119,939 137,146 386,852 408,868 
Multifamily Segment
Total multifamily revenues28,092 32,169 90,360 87,410 
Multifamily expenses(9,313)(9,127)(27,525)(24,394)
Multifamily segment profit18,779 23,042 62,835 63,016 
Total profit from all segments$138,718 $160,188 $449,687 $471,884 


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 September 30,Nine Months Ended September 30,
 2020201920202019
Total profit from all segments$138,718 $160,188 $449,687 $471,884 
General and administrative expenses(9,469)(9,218)(29,667)(28,209)
Depreciation and amortization(94,952)(90,279)(291,494)(248,876)
Other income654 2,952 2,968 8,742 
Other expenses(788)(1,656)(2,662)(5,308)
Income from unconsolidated Funds145 1,831 328 5,589 
Interest expense(36,167)(40,397)(106,777)(107,753)
Net (loss) income(1,859)23,421 22,383 96,069 
Less: Net loss (income) attributable to noncontrolling interests5,632 (933)10,343 (10,914)
Net income attributable to common stockholders$3,773 $22,488 $32,726 $85,155