Impairment (Tables)

12 Months Ended

Dec. 31, 2023

Property, Plant and Equipment [Abstract]

Summary of asset impairment charges

The following table summarizes the pre-tax impacts of the items mentioned above on the Consolidated Statements of Operations for the years ended December 31:

thousands	Statements of Operations Line Item	2023		2022		2021
Seaport
Buildings and equipment (a)	Provision for impairment	$	445,818	$	—	$	—
Land (a)	Provision for impairment	11,734		—		—
Developments (a)	Provision for impairment	214,940		—		—
Net investment in real estate		672,492		—		—
Investments in unconsolidated ventures (b)	Equity in earnings (losses) from unconsolidated ventures	37,001		—		—
Total Seaport		$	709,493	$	—	$	—
Operating Assets
Buildings and equipment (c)	Provision for impairment	$	—	$	—	$	13,068
Investments in unconsolidated ventures (d)	Equity in earnings (losses) from unconsolidated ventures	—		—		17,673
Total Operating Assets		$	—	$	—	$	30,741

(a)The above table represents the final balance sheet impacts of the 2023 Seaport impairment. Due to an adjustment to the allocation of the impairment between properties, this differs slightly from what was initially reported in the third quarter of 2023. The adjustment did not have an impact on the total impairment amount.

(b)Impairment charges relate to the Company’s investments in Jean-Georges Restaurants, Ssäm Bar, and Tin Building unconsolidated ventures. See Note 2 - Investments in Unconsolidated Ventures for additional information.

(c)Impairment charges related to Century Park as discussed above.

(d)Impairment charges related to the Company’s investment in 110 North Wacker as discussed above.